Alza.cz used a year-long work from home to complete the reconstruction of part of its headquarters in Prague's Holešovice. Its employees now have a large café for meeting colleagues, a greenspace full of live plants with shared jobs and 42 meeting rooms on an area of over 10,000 m2. One of them is in a restored van Saviem from 1961.
The PASSERINVEST Group concluded a significant transaction, which will evidently be one of the largest real estate deals of the year, with the sale of the Nová Karolina Park office building in the centre of Ostrava. The investment group RT TORAX Group became the new owner.
Currently, there is a clear trend for commercial property managers to realize the need for digital tools for professional property management. Although Excel has historically been sufficient, there are now more appropriate tools available that are based on specific needs. Moderan, which was founded in 2015 in Estonia, announces its official expansion into the Czech Republic and Slovakia.
Administrative Building B in BB Centrum in Prague 4 won first place in the prestigious real estate competition CIJ Awards Czech Republic 2021, and was awarded in the Best Legacy (Redevelopment) Development category. The complete revitalization of the building and its surroundings, thanks to which it was again included among the Prague administrative buildings of category A, was completed in mid-2020. The CIJ Awards competition, which annually recognizes the most significant achievements and personalities in development
The independent law firm Wilsons has signed a lease for 800 square meters of office space in The Flow Building. The building on Wenceslas Square, which was built by the development company Flow East, is one of the most impressive examples of modern sustainable architecture in Prague. Wilsons will move to its new premises in a highly sought-after project in the third quarter of 2021.
IMMOFINANZ is introducing new flexible services for its tenants in the Czech Republic under the myhive brand. It offers companies and individuals customized office products that give them a flexible choice of four options according to their current work needs and rental time. Top offices in the modern myhive concept will bring individual solutions that meet the needs ranging from small offices for one person to large corporate offices. The total leasable area in the Palmovka myhive building is 21,500 square meters.
Since property asset managers deal with several types of property data and data entries on a regular basis, compromised data quality – whether it’s obsolete, incomplete, inaccurate, or contains errors – is a common issue. This isn’t a problem specific to real estate property management, it’s a problem with data management in general.
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