According to a survey by JLL Global Benchmarking Service, the global average office space per employee is 13 square meters. In Prague, the area is between 10 and 11 square meters, ie lower than the global average. Employees have the most space in offices in Chicago, USA, almost 23 square meters. At the bottom of the scale are cities like Manila or Bangalore, where workers have 7 square meters at their disposal.
CA Immo completes Mississippi House and Missouri Park office buildings in the River City Prague office campus in the area of Karlín
First tenants: ADASTRA, Allen & Overy and BATIST Medical Holding
All 5 buildings of the River City Prague campus are now complete with a lettable area totalling 84,000 sqm
The buildings are targeting highest sustainability standards (LEED platinum) as well as tenant health and wellbeing features (WELL Platinum and WELL Health&Safety rating)
For thirty years, the plot in Prague 6 between Evropská, Liberijská and Kladenská streets was an unsolvable problem for architects and investors. The complicated and irregular plot of land on the hill and the difficult terrain did not make the construction much easier, so several designs, including apartment buildings or a large shopping center, took turns on it. However, none of them stand there.
What should your future work environment look like? It should be smart, green, think about nature and your health, and offer so many options that you won't want to leave it.
Travel restrictions and the inability to meet in person have caused a lot of headaches for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talks about the company’s development and investment strategy and shared his expectations for the year ahead.
Administrative Building B in BB Centrum in Prague 4 won first place in the prestigious real estate competition CIJ Awards Czech Republic 2021, and was awarded in the Best Legacy (Redevelopment) Development category. The complete revitalization of the building and its surroundings, thanks to which it was again included among the Prague administrative buildings of category A, was completed in mid-2020. The CIJ Awards competition, which annually recognizes the most significant achievements and personalities in development
IMMOFINANZ is introducing new flexible services for its tenants in the Czech Republic under the myhive brand. It offers companies and individuals customized office products that give them a flexible choice of four options according to their current work needs and rental time. Top offices in the modern myhive concept will bring individual solutions that meet the needs ranging from small offices for one person to large corporate offices. The total leasable area in the Palmovka myhive building is 21,500 square meters.
Since property asset managers deal with several types of property data and data entries on a regular basis, compromised data quality – whether it’s obsolete, incomplete, inaccurate, or contains errors – is a common issue. This isn’t a problem specific to real estate property management, it’s a problem with data management in general.
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