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Articles - Office market

Developer Crestyl will pay off the investment from a large Savarin project in the center of Prague

The Crestyl real estate group will enter the next phase of construction of the Savarin project in the center of the capital with full property control over the project. The money from the just-started bond issue will be used, among other things, for the payment of investors.

Nová Karolina Park will welcome the new tenant Brose CZ

The attractive Nová Karolina Park office building in Ostrava is enjoyed by a newly arrived tenant, Brose CZ. Brose is one of the world's leading suppliers of automotive components. It is a family-owned company originating in Germany and has leased 1,700 m2 of office space in a building owned by the investment and development company Passerinvest Group. Preparations for future offices began in mid-September 2020, and employees have been moving to them since December last year.

The biggest real estate business deal of the year. Penta sold Prague's Churchill for four billion Czech Crowns

The year 2020 is almost over, but Penta Real Estate still managed to break one of the records on the real estate market. It sold the Churchill Square office complex near the main railway station in Prague for more than four billion Czech Crowns. This is despite the fact that the company's representatives previously claimed that they will no longer be getting rid of buildings in the center of Prague.

Automation is coming. The pursuit of a quick profit is hindering greater development

Different temperatures in different rooms, air control or reducing the energy intensity of a building by efficient use of alternative sources. These are just some of the benefits of building automation. It offers simplification of maintenance as well as significant financial savings, especially for large office buildings, hotels or industrial buildings. In the Czech Republic, however, we still have a long way to go compared to the West.

CPI Property Group published its results for the third quarter of 2020

CPI Property Group, the largest property owner in Berlin, Prague, Warsaw and the region of Central and Eastern Europe, is pleased to announce its unaudited financial results for the third quarter of 2020.

9 Commercial Real Estate Lead Generations Must in 2021

In order to become successful in the highly competitive business of commercial real estate it is very important to invest in lead generation. Nowadays when a great part of real estate lead generation takes place online, you can use multiple ideas and strategies to keep the clients coming. Here are some of them:

Sekyra is one step closer to the transformation of Smíchov and the construction of the new Česká spořitelna campus

Different temperatures in different rooms, air control or reducing the energy intensity of a building by efficient use of alternative sources. These are just some of the benefits of building automation. It offers simplification of maintenance and significant financial savings, especially for large office buildings, hotels or industrial buildings. In the Czech Republic, however, we still have a long way to go compared to the West.

CPI Property Group: The reconstructed First Republic Palace Bubenská 1 has been approved

The more than a billion-dollar reconstruction of the functionalist building known as the Palace of Electrical Enterprises is almost complete. The unique building in Prague's Holešovice, which was originally completed in 1937, was successfully approved. Marketing, advertising and PR agencies, which are part of the multinational company WPP, will soon move into the renovated office space. The company, which will occupy almost 2/3 of the building, is now starting to prepare and implement its future offices. The Bubenská 1 project is one of the largest and most technically demanding reconstructions of a listed building in Prague.
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