Large transactions returned to the Czech real estate market. The first quarter of this year was the strongest in the commercial real estate investment market in the last few years. The market thus returned to pre-pandemic levels. The confidence of domestic investors is also constantly growing. However, the impact of the war in Ukraine and the expected stagflation of the Czech economy remain largely unknown.
JRD Development, a member of the JRD Group, has completed the rough construction of the Bohdalec Quartet energy-saving project. The residential area includes 183 apartments with a healthy indoor environment, 5 commercial spaces and a ground floor with a playground and designer furniture. Commissioning of the project, on which the developer is cooperating with the RSJ investment group, is planned for the beginning of 2023.
With the construction of the initial stage of the SO-HO Residence project, the largest Slovak housing developer, CRESCO REAL ESTATE, is entering the real estate market in the Czech Republic. For its first-ever residential project in the Czech Republic, the company has chosen the former Tesla Holešovice industrial complex, which will undergo a major transformation. A modern residential complex with almost five hundred flats will be built on the site of the current neglected car park and unused industrial building.
Passerinvest Group (Passerinvest), which celebrated 30 years since its establishment in December of last year, is behind the urban transformation of the Prague locality Brumlovka in Prague 4, which is one of the largest projects of its kind in Central Europe. During this period, Passerinvest’s investment activity has enriched the state coffers by CZK 71 billion. In the last 16 years, it has also been involved in the preparation of the appropriate urban development of Prague - Roztyly. The company plans to invest an additional CZK 35 billion in both locations in this decade. The outlook includes commercial and residential projects, the expansion of civic amenities and publicly-accessible spaces for the general public.
Czechoslovak Group (CSG) will change its headquarters and move to a completely new building from J&T REAL ESTATE CZ, which it will have furnished exactly according to its needs. The Karlín premium project Red Court designed by CMC Architects was acquired by the tenant a year before its completion.
European markets, including the domestic one, entered the new year with a renewed appetite for new office space. And people are gradually returning to their current ones from work at the home office. During the year, therefore, we can expect a further inclination of companies towards a hybrid model of work and at the same time a greater demand for flexible solutions and high quality of the indoor environment. The common office will remain irreplaceable even if the way it is used changes. The reasons have already been tested by time and personal experience: corporate culture is formed here, values are consolidated and it is a place of spontaneous interaction, communication and cooperation. However, what conditions are currently waiting for tenants in the country or neighboring countries? CBRE, the world leader in commercial real estate services, offers an interesting comparison in terms of new construction, rent and occupancy of office real estate.
Administrativní budova Roztyly Plaza na Praze 4, jejíž výstavba byla zahájena na podzim loňského roku, nabídne k pronájmu kanceláře s celkovou plochou 21 700 m². Za elegantním a designově čistým zpracováním sedmipatrové budovy stojí renomované architektonické studio Aulík Fišer architekti. Velky důraz je v projektu kladen na vytvoření inspirujícího prostředí, ve kterém bude radost pracovat, a setkávat se. Proces pronájmů prostor byl zahájen a již je registrován zájem prvních potenciálních nájemců jak na kancelářské, tak i na obchodní prostory. Budova umí nabídnout velkoplošné kanceláře s výměrou přes 3 000 m2 na jednom podlaží, ale díky flexibilním dispozicím je zároveň možné vytvořit i menší jednotky od 300 m2.
Like sand in an hourglass lidé, people should be able to move within the Ostrava Tower skyscraper within six years, which is to be built in the center of Ostrava according to the design of the Chybik + Kristof Architects & Urban Designers studio.
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