The consulting company BNP Paribas Real Estate recorded a fifth higher demand for new offices in Prague in Q3 compared to 2020. New leases accounted for 58% of the total result in the period from July to September; in the remaining cases, existing contracts were renegotiated. Also thanks to these positive signals, the implementation or preparation of several large-scale projects with a total volume of 0.5 million m2 of new office space, which should grow in Prague by 2025, continues.
A consortium of Penta Real Estate, Kaprain Group and Sekyra Group bought land from the University of Chemical Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for an amount just over one billion crowns. It acquired a total of 20,122 square meters, ie the majority of the buildable area of the so-called fourth quadrant of Vítězné náměstí between Evropská and Jugoslávských partizánů streets. Penta said this in a press release.
The coronavirus pandemic in the last year and a half has significantly affected the labor market as a whole, including the way individuals and teams work. With the disintegration and gradual return of most employees to the workplace, it is not only changes in the work model, but also the transformation of the offices themselves. CBRE, a world leader in commercial real estate services, has recently conducted two large-scale surveys to map current attitudes and expectations on the part of both companies and employees. Their results clearly show the emerging trend of a hybrid model of work, which effectively combines office work with teleworking.
• CA Immo leased 60% of the newly built Mississippi House and Missouri Park office buildings in the River City Prague office campus in the area of Karlín
• New tenants: Pure Storage and Novo Nordisk
• During the first 9 months of 2021, CA Immo closed 15 lease transactions with a total volume of nearly 18,500 sqm of modern office space in Prague
Building B in Prague's BB Center (Brumlovce) won the HOF Awards 2021 (Hall of Fame - Best of the Best) in the Best of the Best Legacy (Redevelopment) Development category as the best reconstructed building in Central and Southeastern Europe. A complete renovation of the interior, exterior and surroundings of Building B was completed last summer, and the building is currently almost completely occupied. In November of this year, Passerinvest Group will open a new concept of coworking and flexible FLEKSI offices here.
Technopark on the border of Prague's Jinonice and Stodůlek has a new owner. The administrative building, which houses the German Commerzbank, for example, was bought by the world-renowned eye surgeon Pavel Stodůlka.
Komerční banka is changing the concept of its branches. As part of its unique design, it leaves the traditional banking environment and creates a space for meeting in a community style. The so-called In addition, the branches of the future use state-of-the-art banking and sustainable technologies and bring clients a new service model. Komerční banka has opened its first branch in Prague's Dejvice, and will renovate up to eighty of them in five years.
PASSERINVEST GROUP, the investment company and Czech builder behind the creation of BB Centrum (Brumlovka) in Prague 4, invested more than a quarter billion crowns in the modification and construction of the public space in 2020 and the first half of 2021. The amount of CZK 275 million crowns, without any state or other subsidies, was used for, among other things, repairs to Želetavska Street, the construction of the new Náměstí Ellen G. Whiteové, the installation of the moving sculpture “Brouk” (Beetle) and the reconstruction of Balance Club Brumlovka. In this way, the company is fulfilling its philosophy to build a sustainable, and environmentally- and user-friendly environment, which has been part of the company’s DNA from the very beginning.
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