Twenty years ago, real estate developers used to consider the aerial photographs and videos as the only possibility (beside simulations) to give them and their clients a fabulous insight about the project’s features or failures. Pricey, hard to get and hard to process, photographing and filming “from above” was done with the aid of helicopters or taller buildings in the neighbourhood.
Investment flows into the CEE-6 region’s commercial real estate markets rose 12 percent y-o-y in the first nine months of 2017. The €7.6 billion closed deal total coupled with a still full pipeline of deals under consideration suggests that the annual cycle high of €12.2 billion invested last year is likely to be matched or overhauled. Substantial growth in Czech and Bulgarian volumes were the drivers of the momentum in the January-September 2017 period, says Colliers International in its latest report.
The administrative building Five is yet another building from the portfolio of Skanska Property to boast the LEED Platinum certificate for Core & Shell. Five has been awarded with 89 points, which according to available data is the highest score in the field of speculative development in the Czech Republic.
The new administrative building of Skanska Property is starting to grow in the Prague district of Karlín. The company has taken on the realisation of an ambitious project called Praga Studios which will transform the place of the former Praga car repair shop not just into a business site. The modern office building with advanced technologies and services will also offer a background for culture.
Helmfon is a device in a form of helmet, which thanks to the system of active sound absorption allows to concentrate in open working spaces. Because of the special absorption features, this helmet fully reflects the outside sound waves and thus makes the process of working comfortable, with no outside noise. In addition to it, the helmet blocks the Helmfon noise to outside surroundings and thus people, who sit near the Helmfon user don’t experience any discomfort of hearing unimportant sounds.
Helmfon was designed and developed by Ukrainian design company Hochu rayu, whose main idea was to create a tool, which helps to fully concentrate on working project, get some personal space and doesn't allow office noise kill person’s productiveness.
International real estate developer HB Reavis has announced the successful completion of its first unsecured CZK 1.25 billion (EUR 46.2 million) bond issue on the Czech capital market. This brings the total funds raised by HB Reavis through the Central European capital markets since November 2013 to almost EUR 150 million.
HB Reavis’ Metronom Business Center has secured another client. The international biopharmaceutical company AbbVie, which is involved in the research and development of new medications, has moved from its former office on Evropská Street to 1,600 sq m of HB Reavis’ scheme, located in Prague 5. After the recent record-breaking lease of 24 900 sq m to SAP, the Metronom building is now more than 90 percent occupied.
IMMOFINANZ raised the occupancy level in its office standing investments by roughly seven percentage points to nearly 82% by the end of the 2015/16 financial year (as of 30 April 2016). Rentals in the office segment totalled approx. 388,000 sqm, or 29% of the total area, according to preliminary numbers.
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