Scott.Weber Workspace, which operates flexible serviced offices, coworking and event spaces, is expanding. In the new locations of The Park and Port7, it will offer 830 office spaces with an area of 7,322 m2, in addition to expanding the area in Atrium Flóra by another whole floor. The Park in Chodov is a campus of office buildings with exceptionally rich civic amenities. Due to the nature of the companies located there, the location is referred to as "Prague's Silicon Valley". On the contrary, Port7 is a newly built complex in Holešovice, which is considered to be the new Prague waterfront. And it is, for example, the only place in Prague that can be reached by seven modes of transport. The Atrium Flóra concept, where offices are located in a shopping center building, is being expanded by another floor due to its great popularity.
The volume of investment in commercial real estate in Central and Eastern Europe (CEE) in 2022 was approximately 10.7 billion euros. Although this is a year-on-year decrease of only 3.3%, compared to the situation before the pandemic, it is a reduction of more than 20%. At the same time, domestic capital was the most active with a 38% share of total transaction volumes. In the first half of 2023, commercial real estate markets will remain subdued due to significantly higher financing costs and the subsequent price correction currently taking place in both CEE and many other regions. Colliers experts estimate that in 2023 investment volumes in CEE could reach between 7.0 and 10.0 billion euros. This follows from a study by Colliers, a leader in the provision of diversified professional services in the field of commercial real estate and investment management.
In February, the development and investment group Crestyl appointed Lenka Preslova as its commercial director for commercial real estate. In the newly established position, she became part of the management of Crestyl in the Czech Republic, where she will lead the team dealing with the leasing and management of commercial real estate - both office and retail.
Despite the fact that in 2021 and 2022 most employees planned to return to the office for 2-3 days a week, the actual occupancy of company offices is currently only around 35%. The most people visit the company office on Tuesday, the least on Friday, when the average occupancy is only 17%. The eight-hour stay at the workplace is now a thing of the past, employees most often spend 9-12 hours in the office in one day. This follows from a study prepared by the Colliers company in cooperation with the workplace occupancy analysis platform Basking.io.
In today's digital age, we place more and more emphasis on the use of modern technologies - and office buildings are no exception. The main goal is to work efficiently with resources, especially with energy, and to make the users of these buildings as pleasant as possible during their stay in them. CBRE, the world leader in the field of commercial real estate services, presents in its latest analysis what smart office buildings can offer, how widespread the use of modern technologies is in the Czech Republic, and what companies should ask potential customers when looking for new premises in this regard. landlords.
The company Colliers, which is a leader in the provision of diversified professional services in the field of commercial real estate and investment management, in its new study entitled "Highlights 2022: CEE-6 Real Estate Market" evaluated the development of the real estate market in the Czech Republic and five other middle and of Eastern Europe in 2022. The market was primarily affected by the war in Ukraine, rising construction, operation and transportation costs and pressure to comply with ESG.
The vacancy created by the demolition of a vacant apartment building on the corner of Milady Horákové and Koliště streets in the center of Brno will be filled in two years by an administrative building with a roof garden. The development company Trikaya named the project Landmark and wants to start construction in the first half of this year. This was stated by a representative of the development company for ČTK.
Palác Dunaj to welcome prestigious majority tenants. Zeitgeist Asset Management is behind the rapidly-progressing reconstruction of this iconic constructivist building in the centre of Prague on Národní třída. It has concluded a rental contract for 2,600 sq m of premium space with the European Commission Representation and European Parliament Liaison Office. The new premises will become a hub to obtain up-to-date information on what is happening in the EU, for gatherings to discuss European issues, and to further learning on the European Union. The interactive "Europa experience" centre to the general public will be a new feature, with the aim to bringing Europe closer to citizens in an attractive and engaging way.
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