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Articles - kancelářské prostory

Nothing is more expensive than a free meter of shop or office

The year 2020 closed stores, drove people out of offices and significantly changed conditions in the real estate market. While until last spring, commercial property owners could choose who to rent space to and set prices, now the situation has changed.

Czech year on year investment volume falls by only 8%

A total investment volume of €290 million was transacted in the Czech Republic during the first quarter of 2021, according to Savills latest research. Without the exceptional €1.3 billion Residomo portfolio sale transaction, the investment volume was only down by 8% y-o-y.

The need for offices will remain, but the space will be reduced

Last year, the demand for offices in virtually all European countries fell sharply. Compared to 2019, it decreased by 41% to 9 million m2. This was the lowest volume of realized demand since 2009. According to analysts of the international consulting company BNP Paribas Real Estate, there is already a recovery in this year's tenant activity, but the office market is not expected to recover until 2022. At that time, demand should reach 12.2 mil. m.

Real estate investors are looking for opportunities in the regions

The activity of real estate investors fell to the lowest values since 2013 in the first quarter of this year. The owners changed their commercial (and residential) buildings for EUR 310 million. Rather than the effects of covid measures, the result was affected by the lack of quality real estate to buy.

Changes in lease agreement terms? Start-up leading the way!

Explosion of teleworking, advent of flex-office, new organization of spaces: the place of the office in the post-Covid-19 economy is clearly being called into question.

Office of the Year competition: The quality of the working environment increases employee satisfaction

More than a million Czechs work in state administration or state-owned companies. Although the state office market is approximately the same as the market for Prague offices (currently approx. 3.7 million m2), the situation with investments in equipment is diametrically different. The expert jury of the Office of the Year competition spoke about the need for enlightenment among state authorities or companies at last year's meeting, as quality equipment is important for the satisfaction not only of company employees but also of state officials.

CA IMMO rented another 1,400 m2 in the Missouri Park office building in Karlin

• The new tenant is the law firm, Allen & Overy • The Mississippi house and Missouri Park are scheduled for completion in July • Both buildings meet not only the standards for WELL Core & Shell and LEED Platinum certifications but also WELL

Traditional offices will replace the smart ones, they work anytime and anywhere

A year ago, offices were a space where millions of us spent about a third of our lives. However, much has changed since then. Did the pandemic bring about the end of the traditional office we were used to?

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