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Office Market News

ČMN has completed its largest real estate portfolio acquisition valued at several billion CZK

The investment group Českomoravská Nemovitostní (ČMN), the third-largest office space landlord on the Czech market, together with the NEMO fund, has completed the acquisition of a portfolio from the NOVA Real Estate property fund valued at approximately 5 billion CZK. The transaction includes 5 office buildings with a total rentable area exceeding 37,000 m² and 11 retail parks covering an area of 72,000 m². With this acquisition, the ČMN group will expand its business into the retail segment.

AFI Europe evaluates the successful year 2024 and plans new projects in Prague

The development group AFI Europe takes stock of the results of last year in the Czech Republic, during which it achieved significant successes in the field of rental housing and office real estate rental, and at the same time announces its plans for this year.

New office construction in Prague is accompanied by complications, reconstruction can help the market

Only one office building was completed in Prague in the third quarter. Vacancy increased slightly year-on-year to 8.1% and rents in the city center reached approximately €29.00 per square meter per month. Efforts to modernize some older properties continue in the market, either while they are in operation or by temporarily withdrawing them from the market. It comes from research by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.

CBRE forecast: What awaits the commercial real estate market in 2025?

CBRE, the world leader in the field of commercial real estate services, provides a summary of this year's developments on the domestic commercial real estate market and presents a current forecast for the year 2025. This indicates what the investment activity and development of key segments in the Czech Republic will be like in the coming year.

Interviews

Interview with FLEKSI: Demand for offices changes in line with new work models and trends

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.

Scott.Weber: We build state-of-the-art design work environments in the spirit of well-being and in the context of a hybrid work model

We have prepared for you an interview with Adam Zvada, the founder of Scott.Weber Workspace, the number one company on the Prague shared office market. Since 2009, Scott.Weber Workspace has been creating work environments that empower people to achieve their goals and offering solutions for businesses of all sizes.

Transactions

Date Business Center Tenant m2 Lessor
2024 Q4 Churchill II. Red Bull n/a
2024 Q4 Green Point Soitron Group 500
2024 Q3 AFI Avenir B,C Porsche Engineering Services 4300

More Transactions »

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