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Office Market News

The Arcus City and Timber Praha residential projects have been completed. UBM organizes "Open Days" for the public

UBM Development Czechia prepared a special event for the education of the general and specialist public "Open Days" in the residential projects Arcus City and Timber Prague. These are guided tours, during which it is possible to view unique apartment buildings made of CLT panels equipped with modern technologies installed in individual apartments and houses. Guided tours take place every working day from Monday to Friday, the start is always at 1:00 p.m. Those interested meet at the sales center at the project site, in Hasilova Street, Prague - Řeporyje. The Timber Praha apartment buildings with BREEAM Excellent ecological certification and the most energy efficient category A are part of the Arcus City project. The future owners will move into the newly created neighborhood in the fall of 2024. The Arcus City residential complex offers a total of 278 residential units with layouts of 1+kk to 4+kk and five retail units. Residents have already moved into 150 apartments, and with the approval of buildings G, H, I and J, K, L, M in the summer months of 2024, the implementation of the project will be completed. The sale of the project is handled exclusively by the real estate agency Lexxus Norton.

CA Immo starts refurbishment of Danube House office building in Riverside Karlin, Pragu

The landmark building is being extensively renovated to high design standards that put people at the center. · Focus on new services, highest tenant comfort and energy efficiency. · Construction is set to begin in Q4 2024, with the completion of the New Danube House expected at the beginning of 2026. Full operations will commence in Q1 2026.

The new Building Act also began to apply to ordinary buildings. It shortens permitting processes and makes construction cheaper

From July 1, 2024, the new Building Act also applies to ordinary buildings. In the long term, it will speed up and simplify construction management. It waives unnecessary technical requirements, which will make housing construction cheaper. The building permit is obtained by the builder in one place online in the builder's portal. Along with the new construction law, the related implementing regulations, including the modern decree on construction requirements, also came into force. The law also provides for a transitional period until the end of June 2027. Until then, it will be possible to use the documentation that the builder developed before the new building law came into effect.

FINEP and AFI Europe to collaborate on improving access to rental housing in Prague

Czech developer FINEP and international investment and development group AFI Europe have announced two signed transactions that will add more than 800 apartments in two different locations to the Prague rental housing market over the next three years. FINEP will newly build two apartment buildings with more than 300 apartments for AFI Europe in the Nová Elektra project in Prague 9 - Hloubětín. In addition, AFI Europe is buying from FINEP the project "V Korytech" in Prague 10 – Strašnice where AFI Europe intend to develop residential project having more than 500 apartments. Moreover, the two companies expect to cooperate on rental housing in other locations soon.

Interviews

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.

Interview with AFI Europe Czech Republic : Sustainability plays a very important role in our buildings

Kateřina Holická, asset manager of AFI Europe Czech Republic, answered

Transactions

Date Business Center Tenant m2 Agency
2024 Q1 Port 7 The Miners Coffee 220
2024 Q1 Hadovka Office Park Logio n/a 108 Real Estate
2023 Q4 Port 7 Economia n/a

More Transactions »

Best of 2024

  • Largest Rental:

    Port 7 - , with 220m2 rented space

  • Most Active Office Building:

    Port 7, 1 db rentals, with 220m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 220 m2

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