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Articles - Lease Renegotiation

No more vestibules in the middle of the field. There will be new neighborhoods around Metro D stations

The metro station in Prague's Letňany is often given as a model of how transport infrastructure in the city should not be built. And anyone who has ever stepped out of those vestibules in the middle of the fields would probably agree with such voices.

This will be the offices of the future: flexible, intelligent spaces in a passive green envelope

An office building today is not just a reinforced concrete skeleton filled with glass panels. The building itself and its equipment enable the use of functions unsuspected at first glance, which provide a new dimension of comfort to its users. They allow you to adjust the temperature or the color of the light in the room, rebuild your office according to your wishes or find a colleague without running around the office.

There are 200 percent more shared offices in Prague in five years than five years ago

There are 200 percent more flexible offices in Prague than five years ago. Scott.Weber Workspace, the largest operator of flexible and shared offices (so-called coworking) in the metropolis, recently opened premises in the Blox center in Dejvice. Flexible offices currently make up 2.7 percent of the 3.75 million square meters of office space in Prague, and further growth is expected. This follows from the analysis of the real estate consulting company JLL and information from Scott.Weber Workspace.

In the new Hagibor district of Prague, the construction of four buildings at once, apartments and offices began

In the spring, despite the turbulent situation on the construction market, developer Crestyl began construction of four buildings that are part of the new Hagibor district in Prague, next to the Želivského metro station - two office and two residential buildings. Completion of the construction is planned for 2024. The very first two administrative buildings in this location will offer a total of 31,000 m2 of space for rent. Of this, almost 12,000 m2 will be occupied by the Czech News Center media house, which will move its headquarters here. The newly built residential buildings Gamma and Delta will be connected to the first two apartment buildings of the Hagibor project, which were approved in May. Gamma offers 138 apartments of all sizes, each with a balcony or terrace. The Delta building, newly bought by the investment company Invesco Real Estate, will then provide apartments for rent.

CA IMMO registers a significant demand for premium offices: Two of its buildings in Prague are fully leased

• Less than a year after the first tenant moved in, the Mississippi House and Missouri Park office buildings on the River City Prague office campus are fully occupied • 18 concluded lease transactions with a total of 16,200 m2 of modern administrative space in the Prague portfolio of CA Immo during the first 5 months of 2022 • As companies struggle for the best brains, the trend toward the highest quality offices is growing

The 24th year of the "Best Of Realty" competition opens for project applications

The "Best of Realty" competition has entered its 24th year, which annually awards projects that represent the achievements and capabilities of architects, builders, designers, developers and, last but not least, real estate agents in selling or renting them. Domestic constructions completed and approved after January 1, 2021 can apply for nominations for awarded titles until September 2, 2022, when the application deadline. The announcement of results and awarding of prizes to the best projects will take place at the gala evening on November 15, 2022, traditionally the Prague Forum Karlín.

UDI Group is heading to Central American Panama

Originally a Czech development company, UDI Group is expanding its activities overseas, in the middle of the American continent. Following the recent first acquisition in Costa Rica, it has now also purchased land in the capital of neighboring Panama.

The new normal in offices: How to handle a hybrid work model? And what are its limits?

– A total of 68% of firms expect people to be returning to more regular work in offices in the mid-year – The majority (70%) of companies are permitting a voluntary return to the offices or only partial attendance – A total of 72% of firms are aiming at a “hybrid workplace” model within internal company guidance – The survey was taken by 466 respondents from 199 global companies of the EMEA region, including the Czech Republic
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