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Articles - kanceláře

UBM Development Czechia balances its results for the first half of 2021

The development company UBM Development Czechia published its results for the first half of this year. The company was successful in all real estate segments in which it currently operates on the Czech market: in the segment of housing, offices and hotels. UBM's strategy in the coming years is to focus mainly on residential construction, especially in Prague.

Offices are still in lead

After several months of waiting, there is again interest in commercial real estate. Investors in the Czech Republic poured 678 million euros (17.5 billion crowns) into them during the first half of the year, ie a fifth more than in the same period last year. The market is spinning, albeit gradually.

The construction of new offices is coming to life

from BNP Paribas Real Estate by the end of 2021, almost 40,000 m2 and in the following period over 140,000 m2 of new offices are being prepared by developers in the territory of Prague. The balance is mainly influenced by large and long-term development projects - Port 7 from Skanska in Holešovice or construction in the area of Masaryk's railway station by Penta. Sekyra Group also makes a significant contribution to the offer of new administrative areas with its Smíchov City and Rohanský ostrov projects. Their plans have not yet changed the rising prices of building materials and energy. Nevertheless, construction will reach pre-covid level at the earliest in 2023.

Office market in Prague Q2 2021

The total area of modern office space in Prague increased to 3.73 million m2 at the end of the first half of 2021.

The seventh year of the Open House Prague 2021 festival attracted more than 53,000 people to normally inaccessible buildings and to attend accompanying programs

Due to the coronavirus pandemic, the Open House Prague Festival took place again this year, this time from 2 to 8 August 2021. The weekly accompanying program offered a number of events that introduced architecture to visitors in an unconventional way. People could sail on the Vltava paddle steamer, take the Kotěr tram with an explanation by architect Zdeněk Lukeš, enjoy a unique composed evening with contemporary dance and an evening tour of Laichter's house, or take part in a debate and film screening on abandoned buildings right on the grandstand of the Great Strahov Stadium. There was also interest in the tour and discussion, which presented the course of the reconstruction of Zenger's transformation station, the future headquarters of the Kunsthalle Prague in Klárov. During the week, other guided tours and walks were prepared, for example on the occasion of the 130th anniversary of the Prague Exhibition Grounds, 150 years since the construction of the Gröbe Villa in Havlíčkovy sady or 150 years since the arrival of the first train in Prague. "We were surprised by the great public interest in the accompanying program of the Open House Prague 2021 festival," says director Andrea Šenkyříková, adding: "The events were intended for a limited number of people, and despite the fact that we were already fully booked at the beginning of the festival week. "

CPIPG is leasing an additional 1,000 m² of office space in the MAYHOUSE building.

A total of 1,000 sqm of office space in the Mayhouse building in Pragueʼs Pankrác district has been leased to two new tenants: RTB Media and Capgemini Czech Republic.

Back to the offices. Avast cancels the dining room and adds 24 meeting rooms

Almost two thousand people. Last March, the technology company Avast sent so many employees to the home office. Along with this decision, it also closed all its offices around the world.

Schneider Electric Recognized as 2021 Microsoft Sustainability Changemaker Partner of the Year Award winner

Award honors Schneider Electric’s longstanding commitment to sustainability and market-leading digital solutions that help customers meet their Sustainable Development Goals Together with Microsoft, Schneider Electric supports customers such as JLL and Blackstone to develop and achieve decarbonization ambitions Marks Schneider Electric’s 30-year global relationship with Microsoft and their shared vision for a sustainable future
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