The developer Penta Real Estate has announced a competition for coworking offices in Prague in the Churchill building. The winner was Studio Perspektiv, which created a so-called boutique co-working space for the discerning. It is called Base and is the first branch of the planned network.
The Agency for Entrepreneurship and Innovation, the intermediate body of the Operational Program Enterprise and Innovation for Competitiveness, has started receiving applications for subsidies under the "Calls VII of the Potential Support Program".
The aim of the call is to support the establishment and increase of the number of companies with infrastructure for their own research, development, and innovation. It is now possible to obtain up to 50 million CZK for one project. The call was announced on 28th August 2020 by the Ministry of Industry and Trade, which is the managing authority of the OP EIC. The API will accept applications until 23 November 2020. This is the last call of the Potential program in the OP EIC, a total of 1.1 billion crowns has been prepared for applicants.
The transition to safer offices does not have to be a leap and the cost of large investments. Even small adjustments and hygiene measures can significantly reduce the risk of the virus spreading.
Penta plans to build a new residential development on a brownfield site of almost 32,000 sq. m in Prague Nusle. The total investment should reach CZK 2 billion.
CA Immo has signed a contract with the first tenant in the Mississippi House building in Prague 8, which is currently under construction. The international consulting company Adastra will occupy 7,000 square meters of office space. More than a year before the planned completion, Mississippi House is leased from approximately 50%.
-Colliers predicts a new revolution in office occupancy, which will see businesses balance collective in person collaboration with focused remote working opportunities –
We are carefully monitoring the Covid-19 crisis and its impact on the CRE sector. In these unprecedented times, we expect to have a clearer view on the market situation by the end of Q2 2020.
Proclaimer
We are carefully monitoring the Covid 19 crisis and its impact on the CRE sector. In these unprecedented times, we expect to have a clearer view on the market situation by the end of Q2 2020.
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