The development company UBM Development Czechia published its results for the first half of this year. The company was successful in all real estate segments in which it currently operates on the Czech market: in the segment of housing, offices and hotels. UBM's strategy in the coming years is to focus mainly on residential construction, especially in Prague.
Due to the coronavirus pandemic, the Open House Prague Festival took place again this year, this time from 2 to 8 August 2021. The weekly accompanying program offered a number of events that introduced architecture to visitors in an unconventional way. People could sail on the Vltava paddle steamer, take the Kotěr tram with an explanation by architect Zdeněk Lukeš, enjoy a unique composed evening with contemporary dance and an evening tour of Laichter's house, or take part in a debate and film screening on abandoned buildings right on the grandstand of the Great Strahov Stadium. There was also interest in the tour and discussion, which presented the course of the reconstruction of Zenger's transformation station, the future headquarters of the Kunsthalle Prague in Klárov. During the week, other guided tours and walks were prepared, for example on the occasion of the 130th anniversary of the Prague Exhibition Grounds, 150 years since the construction of the Gröbe Villa in Havlíčkovy sady or 150 years since the arrival of the first train in Prague. "We were surprised by the great public interest in the accompanying program of the Open House Prague 2021 festival," says director Andrea Šenkyříková, adding: "The events were intended for a limited number of people, and despite the fact that we were already fully booked at the beginning of the festival week. "
A total of 1,000 sqm of office space in the Mayhouse building in Pragueʼs Pankrác district has been leased to two new tenants: RTB Media and Capgemini Czech Republic.
Due to the pandemic, the term Open House Festival was postponed to summer. Dozens of inaccessible buildings open to the general public on the weekend of August 7 and 8, 2021. The festival week starts on Monday, August 2, to offer those interested in architecture a number of interesting accompanying events.
CB Property Investors The sub-fund (CB Property Investors), a real estate fund of qualified investors, closed the first subscription round at the end of June 2021 and opens both to new construction and, above all, to the sustainable re-development of existing properties. The fund's strategy met with investor interest that exceeded expectations. The speed with which the first subscription round of investments was filled points not only to free capital, but also to the gap in the real estate market that the fund is filling. At the same time, this opens up space for further development of construction in the Czech Republic and Slovakia.
The specialist for providing comprehensive security services, G4S Secure Solutions, is the new tenant of the completely renovated Office Building B. The agency occupied 815 m2 of office space in July this year, adding other renowned companies ABInBev, NEWPS and Alcon Pharmaceuticals. The owner and administrator of the building is the PASSERINVEST Group.
At the beginning of the year, it seemed that many coworking centers or shared offices could not survive the measures associated with the Covid-19 pandemic. It was on shared workspaces, whose philosophy is based on meeting, personal communication and cooperation, that the constraints fell very hard. However, as the results of the June analysis of the consulting company BNP Paribas Real Estate show, this spring most of the operators of coworking and serviced offices felt a new wave of interest.
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