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Office Market News

Building A in BB Centrum is after reconstruction "A - class"

Administrative Building A in Prague's BB Center last year underwent an overall revitalization of the outer shell and interior. The reconstruction of the building with a total lettable area of ​​21,600 m2 was carried out in cooperation with its exclusive tenant, the leading Czech bank MONETA Money Bank, whose headquarters is in Building A.

CPI Property Group Releases Record Results for 2018

CPI Property Group, the largest real estate owner in the Czech Republic, Berlin and Central and Eastern Europe, represents its financial results for the 2018 financial year.

The South Five investor received a large five office buildings on Waltrovka

Penta Real Estate selected a new owner of all Waltrovka office buildings in Jinonice, Prague, in an international tender. The purchase agreement was signed by GLL Real Estate, a Macquarie Group, which manages Hanwha Investment & Securities in South Korea.

Geosan Development: Record occupancy of office buildings increases interest in Class B offices

At the end of last year, the Prague office market was approximately 3.5 million square meters of modern office space. Almost 157,000 square meters of office space was completed in 2018. It is the strongest construction in the last 10 years, but it is not enough to meet the demand for new offices.

AVENIR PARK Office Complex: Investing in work environment improvements reached nearly CZK 30 million

Mint Investments as a co-investor and partner of the investment company Tristan Capital Partners purchased in 2017 the administrative complex Avenir Park in Prague's Nové Butovice. Since then, as a landlord and building manager, he has been taking a number of steps to revitalize the complex to meet the current demands of a dynamically developing office market. Investments last year amounted to more than CZK 10 million.

Concrete, the phenomenon of today's interiors

Concrete is no longer just a building material, it forms everything around us. For its informal appearance, it is used on interiors in interiors, and is now increasingly penetrating product design.

The construction industry is on the move, orders are still growing this year

Construction last year grew fastest in the last 14 years. But even more than other disciplines, there is a shortage of workers, with 95% of companies reporting problems with filling vacancies. Will construction companies be forced to refuse orders for lack of capacity this year?

Spork Palace is changing owners, bought by Generali

Cushman & Wakefield represented Generali Real Estate in the acquisition of Spork Palace, a unique project in Prague 1. The seller is SEBRE, as The price was not published. The contract was signed on March 11, 2019.

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Tereza Matejkova

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