Passerinvest Group, a.s. (hereinafter referred to as Passerinvest), presented its ESG strategy and the specific goals it wants to achieve in the future. Passerinvest has long actively supported efforts to achieve the Sustainable Development goals adopted by all member states of the UN Council in 2015. Through a series of measures, it has specified a set of objectives in its ESG strategy for reducing its carbon footprint, energy consumption, amount of water consumed and non-recyclable waste produced, for developing above-standard partnerships within local communities, and for creating a welcoming environment for employees, tenants and neighbours.
Europe's commercial property market is showing signs of recovery, with rents expected to rise and yields to stabilize. The Czech Republic may follow this trend with a slight delay, but the positive outlook on the real estate market for 2024, as well as the increased demand for quality and sustainable premises, signal the time for action for investors and tenants.
There is a great demand for high-quality office space in Prague, thanks to which the owners of so-called A-class buildings in particular can be proud of almost full occupancy. The problem, however, is almost zero construction, experts agreed.
WorkLounge Business revolutionizes the working environment by offering top serviced offices with a range of exclusive benefits for professionals. With a focus on safety, an individual approach and an inspiring environment, it offers ideal conditions for the growth and prosperity of both individual professionals and large companies.
The Scott.Weber Workspace company, which operates flexible offices, coworking and event spaces, is buying the Base coworking center from Penta Real Estate, which is part of the Churchill office complex in Prague 2. The companies did not state the price in the announcements, according to ČTK sources, the value of the transaction did not exceed hundreds of millions of crowns. Base will be the 13th Prague branch belonging to the Scott.Weber network.
Intelligent energy management systems and the integration of green technologies can contribute to a more sustainable future for the office building market.
Investment group Penta, whose development activities are led by billionaire Marek Dospiva, bought from České drah long-term unused plots of land in Prague's Florenci, next to the Prague highway. Thanks to this, it can continue the project of two buildings designed by the Zaha Hadid Architects studio, which it completed this October near the Masaryk station. In addition, Penta plans to acquire additional parcels in the locality, thanks to which it would control the territory from Masaryk station to Pernerova Street in Karlín.
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