The construction of the new Roztyly Plaza office building was symbolically started today with a ceremonial tapping of the foundation stone. Work is currently underway on the construction of underground floors with a capacity of 330 parking spaces for tenants and another 100 spaces for P + R car parks. The seven-storey building will offer for rent an office with a total area of 21,700 m2 and business units on the ground floor, which will be occupied by a canteen and there is also a grocery store or drugstore. The construction also includes the modification of the immediate surroundings - the bus terminal will be modernized, the ground floor will be modified and the asphalt will be replaced by a Prague mosaic enabling water seepage.
INVESTMENT MARKET: 1ST QUARTER 2022
• In the first quarter of 2022, the volume of investments in the Czech Republic
Republic worth € 898 million, which represented
year-on-year increase of 210%. No transaction Residomo, which
was concluded in the 1st quarter of 2020, the volume of investment would be
in the 1st quarter of this year, the highest since the 1st quarter of 2019.
• Although the number of transactions concluded during the 1st quarter
significantly decreased, the average transaction size compared to
average of more than doubled in the previous 12 quarters.
• The office sector regained its dominant position
and accounted for 58% of investment in Q1. Activity
has also increased in the retail sector, where value
investments accounted for 29% of the total quarterly volume. Share
industrial assets fell to 14% in the first quarter.
• With transactions worth € 519 million, it attracted the most
capital in the 1st quarter of Prague, where five transactions were concluded.
• They mainly contributed to the total volume of transactions
domestic investors who acquired five properties worth
more than € 435 million (48% of the total), followed
European investors (39%).
• After a slight correction in industrial real estate income and
offices in the 4th quarter of 2021 remained yieldy in the first three
months of 2022 in all sectors unchanged
According to the latest overview of the development of capital markets in the EMEA region (Europe, Middle East, Africa), published by Colliers, a devastating shock in the market in the first quarter of 2022 resulted from the Russian invasion of Ukraine. Despite this, investors' interest in commercial real estate persisted.
Coronavirus has changed the way we used to know from the office environment. After two years of running a full-time home office, people are slowly returning to the offices - but it's clear that in most cases it won't be five days a week after eight hours. This creates a new problem for companies: how to adjust the capacity of offices and optimize their occupancy. The solution offers an unexpected helper - a corporate wireless network.
This is granted to buildings or offices that provide their users with the highest possible level of security, including maximum protection against covid-19 and other infectious diseases.
Colliers, a leading company providing diversified professional services in commercial real estate and investment management, has published a regional office market survey for 2021. According to him, the importance of regional cities will continue to grow, both due to lower price levels and the emergence of new quality office space. Last year, gross annual demand began to grow again after a period of stagnation, both in large centers such as Prague, Brno and Ostrava, as well as in regional cities.
At the beginning of April, Passerinvest Group introduced the new visual identity of the Brumlovka locality. In connection with the newly-chosen communication identity, there was also a redesign of the website and primarily the launch of a new Brumlovka mobile app. The visually pure and user-friendly mobile app offers a comprehensive overview of everything the locality offers the general public. Users who download the app will have access to a map with navigation throughout all of Brumlovka, an overview of the daily menus of the individual restaurants and cafeterias, a calendar of events, a map of parking lots and charging stations, and the offer of sports facilities, parks and playgrounds. Another benefit is the timetable for all the mass transit routes passing through the location. The app also includes the current offer of space for rent.
The year 2021 was very successful for UBM Development Czechia. It sold three projects (in Prague, Lipno and Karlovy Vary) and also approved the Astrid Offices projects in Holešovice, the Andaz Prague Hotel on Senovážné náměstí and the Neugraf residential project in Smíchov. This list also includes the start of construction of an extensive residential project Arcus City in Prague-Stodůlky, where it also directly opened a sales center. This year, UBM will start construction of the next stage of this project. At the same time, they are negotiating new acquisitions. Following the example of the Austrian parent company, it is going to use ecological wooden constructions of houses and prepare a pilot housing project in the Czech Republic.
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