Offer office space in Brno
In the first half of 2019, the total area of modern office space in Brno reached 597,600 m2. Class A buildings accounted for 83% of the total area, with the remaining 17% being Class B offices.
In the first half of 2019, three office buildings were completed in Brno: Woolen office park AB (19,100 m2), Woolen office park - Bochner palace (1,500 m2), and Svatopetrska C (3,000 m2). 84 100 m2 of office space is currently under construction in nine projects - of which approximately 20 000 m2 should be completed by the end of 2019.
Realized demand in Brno
Gross realized demand, including renegotiations, amounted to 26,300 m2 in the first half of 2019, an increase of 95% compared to the second half of 2018 and a 48% year-on-year decline.
The largest transaction in the first half of 2019 was represented by the renegotiation of IBM Czech Republic on the premises of Technology Park Brno B, C (6,000 m2), followed by a new lease of Asseco Central Europe in the Šumava Towers B project (1,900 m2).
ŠUMAVSKÁ tower B
Vacancy of offices in Brno
At the end of the first half of 2019, a total of 69,600 m2 of free office space was registered in Brno. The vacancy rate increased by 2.1 percentage points compared to the second half of 2018 to 11.7%.
Rent
The highest available rent in Brno in the first half of 2019 increased to EUR 15.00 - 15.50 per m2 per month. The Regional Research Forum is pleased to publish the Ostrava office market data for the first half of 2019.
Offer office space in Ostrava
In the first half of 2019, the total area of modern office space in Ostrava reached 218,300 m2. Class A buildings accounted for 74% of the total area and the remaining 26% were Class B offices.
In the first half of 2019 two new office buildings were completed in Ostrava, SIC Skelet - A (4 400 m2) and SIC Skelet - B (2 000 m2). Currently, one office building is under reconstruction and is planned to be completed in 2020. It is the Trimex Office Center (1 500 m2).
Realized demand in Ostrava
Gross realized demand reached 2,100 m2 in the first half of 2019, which represents a year-on-year decrease of 69% and a decrease of 70% compared to the second half of 2018.
Vacancy of offices in Ostrava
At the end of the first half of 2019, Ostrava had 23,900 m2 of vacant office space. The vacancy rate increased by 1.7 percentage points compared to the second half of 2018 to 10.9%.
Rent
The highest available rent in Ostrava in the first half of 2019 remained at EUR 11.50 - 12.00 per m2 per month.
Source / photo: www.retrend.cz / CBRE sro / Cover photo www.sic-ostrava.cz, ŠUMAVSKÁ tower sro