Before the end of 2020, a new form of cooperation between CPI Property Group and M2C began. Facility management, which the CPI Property Group has so far provided for most properties, will now be managed by M2C. At the same time, it welcomes employees from the current facility management division in CPI Property Group.
The jubilee 5th year of the prestigious Office of the Year competition, in which more than 500 exceptional office realizations have entered the history of the competition, is launching the registration of applications today. In addition, this year the organizer of the competition, the company Prochazka & Partners, is coming up with a number of novelties. The biggest one is the transfer of the gala evening to summer, and instead of the interior of the Žofín Palace, the biggest design event of the year will take place in the gardens. Guests can look forward to a charming gala garden party in the heart of Prague. Thanks to the transfer of the gala evening to the summer months, the contestants have more time to prepare their entries - both architectural studios and the companies themselves can traditionally enter the competition. Registration will be open until April 30, 2021.
The year 2020 is almost over, but Penta Real Estate still managed to break one of the records on the real estate market. It sold the Churchill Square office complex near the main railway station in Prague for more than four billion Czech Crowns. This is despite the fact that the company's representatives previously claimed that they will no longer be getting rid of buildings in the center of Prague.
The AFI City office building 1 on the city brownfield in Prague 9 near the Kolbenova metro station is full of interesting architectural and design elements. One of them is the artistically crafted gear motif, which occupies the entire main wall of the reception hall, and is the first thing that welcomes visitors. The work by Czech artist Ivan Komárek is a reminder of the rich industrial past of Vysočany, which was the pride of Czech industry at the turn of the 19th and 20th centuries: the most important companies at the time included the Czech-Moravian Machine Factory, Kolben's Electrical Factory and a plant of the engineering company Breitfeld-Daněk, later connected with the world-famous ČKD, but also the carmaker Praga or the Avia Aero aircraft factory.
As Covid-19 squeezes demand for offices, shared workspace provider IWG (IWG) is set to place its Jersey-based subsidiary, Regus plc, into insolvency. The move is designed to send a signal to landlords that unless they are prepared to lower their rents, IWG is willing to walk away from its lease obligations. IWG says that it has resorted to insolvency measures because “the Covid-19 pandemic is a black swan event and it has severely impacted our business and presented us with unforeseen challenges"
The accelerated widespread transition to a home office has raised a fundamental question in connection with work: what to do with offices? There can be many answers and one of the possible solutions is shown by the new Prague offices of UniCredit Bank. By emphasizing comfort combined with efficiency, they respond to the demands for comfort that come from working at home, as well as the high purpose of the space where it is useful to go, not necessary.
Different temperatures in different rooms, air control or reducing the energy intensity of a building by efficient use of alternative sources. These are just some of the benefits of building automation. It offers simplification of maintenance as well as significant financial savings, especially for large office buildings, hotels or industrial buildings. In the Czech Republic, however, we still have a long way to go compared to the West.
CPI Property Group, the largest property owner in Berlin, Prague, Warsaw and the region of Central and Eastern Europe, is pleased to announce its unaudited financial results for the third quarter of 2020.
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