In Prague, after years of preparations, whole new city districts are starting to emerge, famous squares are getting a new look, important railway stations are increasing their capacity, and a new bridge will soon span the Vltava River. If the political will is found, residents and visitors of the capital will be able to look forward to a brand new philharmonic or museum. See how Prague will change in the coming years.
In a new interview for kancelreinfo.cz, Andrea Foretnikova, General Manager at FLEKSI, talked about trends in the office market and also about the advantages of flexible ones. More in the article below.
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The Victoria Palace was inaugurated on Vítězné náměstí in Prague. It has 92 luxury apartments and commercial spaces in the lower part. It is the first new building on the square in 87 years. The construction of the house with a distinctive facade cost approximately 850 million crowns. The architectural design of the building was developed by Jakub Cigler's studio. It had been planned for more than 15 years to build an opening on the northern corner of the square. The construction project on this land was bought by the Kaprain group in 2016, which in the same year also invited a partner, Pentu Real Estate.
The real estate market expects a strong investment impulse this year. Interest on savings accounts is falling and many Czechs are planning to move their money elsewhere. At the same time, the domestic real estate market is stable and in many ways more efficient than in other countries. The funds will use the newly raised money for acquisitions.
The modern AFI Europe office complex with the largest green facade in Central Europe will soon welcome another prestigious tenant. The law firm Wolf Theiss, which until now was also based in Karlín, but near Florence, will move its team here. The European media and entertainment company Sky CP Limited will open a development center in Prague for the Sky Showtime streaming video service with millions of viewers worldwide. It plans to hire dozens of developers specializing in so-called front-end programming and the JavaScript language to the premises in Karlín.
When you think of the development of Karlín, you probably think of the period at the turn of the millennium, when investors led by Serge Borenstein started to transform the gray inner periphery of the city into a new lively district. The development was also accelerated by the floods in 2002, which, although they were a disaster for many, meant new construction possibilities for Karlín.
V polovině června začala výstavba další části obrovského projektu Smíchov City, který staví developerská společnost Sekyra Group. Druhá fáze, nazvaná Smíchov City Jih, bude v mnoha ohledech výjimečná. Třeba výší investice, rozsahem výstavby, ale i tím, že v ní vznikne nové sídlo České spořitelny.
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