This development was expected with regard to Brexit, tensions in Sino-American relations and the declining performance of the German economy. Central banks support growth by lowering rates. However, investors (even in real estate) tend to look at the long-term stability and security of investments. This is indicated by the half-year forecast of the parent BNP Paribas Real Estate.
Investment in the Czech real estate market in the second quarter of 2019 compared to the first quarter continued at a slightly calmer pace, reaching EUR 819 million. According to the latest study " Market Overview for the Czech Republic for Q2 2019" by experts from global consulting firm Colliers International, the total investment for H1 reached € 1.9 billion. The estimated total value of transactions under preparation this year, which will be more than 60, will exceed EUR 3 billion.
Circular, reversible, fluid or flexible. These are just four of the ten properties that the so-called agile offices should meet. The new designation emanating from Western European property markets can be applied to the working environment, from coworking to modular offices. This type of office is suitable for an increasing number of employees.
Just a few years ago, the marginal phenomenon of office sharing, aka coworking, redraws the office market map. There are already thirty centers offering this service in Prague. Sharing space in the metropolis two years ago accounted for two percent of new office rentals. This year it will be fifteen percent, according to data from CBRE. There are now 65,000 square meters of coworking space in the capital.
Desiccation and overheating of cities are among the most serious problems of today. How to respond to them? In many ways, it is sufficient to change thinking and to introduce primarily technically and economically less demanding measures. We must re-learn what our ancestors already knew, but with current technology: using water, earth, sun and air to our advantage.
Gain new inspiration and see 18 office buildings nominated this year for the WAF 2019 (World Architecture Festival) award in the category: Completed Building - Offices.
In the second quarter of 2019, the flow of commercial property investment recovered in the markets of six countries of the CEE region, reaching a peak of EUR 3.3 billion in the period. As a result of the weaker first quarter, total results for the first six months of last year's first six months of the year lagged by 3%, reaching EUR 5.5 billion. The highest volume of funds was invested in the Czech Republic during the first half of the year, where the volume of investments increased by 83% compared to last year.
Svoboda & Williams has published the third edition of Market Report. The events in the premium segment of the Prague residential property market are again summarized in a practical overview, together with key trends in the first half of 2019.
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