CA Immo completes Mississippi House and Missouri Park office buildings in the River City Prague office campus in the area of Karlín
First tenants: ADASTRA, Allen & Overy and BATIST Medical Holding
All 5 buildings of the River City Prague campus are now complete with a lettable area totalling 84,000 sqm
The buildings are targeting highest sustainability standards (LEED platinum) as well as tenant health and wellbeing features (WELL Platinum and WELL Health&Safety rating)
One third of Czech companies consider digitization to be a necessary part of their future, according to a survey by LMC, which operates the career portals Jobs.cz and Práce.cz. The predatory rise of the Internet of Things shows that this is not the future, but the present. Technology is already opening up a wide range of opportunities for companies to push business into a new era. "IoT helps them improve performance while saving costs, resources and time," says Viktoria Korabelnikova, Vodafone's Sales Director for the Internet of Things in the Czech Republic.
After a year of fighting the pandemic, we are reaching a turning point, according to a JLL study. Covid 19 has transformed the world in a way that will affect business many decades ahead and adjust the traditional conditions of where and how we work. It turns out that approved vaccines are a promise for a return to normal life, but it will be different, and the question arises as to what our world will look like and how companies are preparing for it.
Travel restrictions and the inability to meet in person have caused a lot of headaches for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talks about the company’s development and investment strategy and shared his expectations for the year ahead.
According to JLL, the demand for flexible spaces will increase by 300% due to Covid-19. The needs of clients have changed significantly and flexibility and other services are the main criteria according to which the client chooses today. Landlords and investors need to adapt their concepts accordingly. New Work - one of the leading flexible office operators in Central and Eastern Europe - is launching its franchise concept in response to these needs.
Whether you are a property owner or a property manager, steady rental income equates to a well-streamlined cash flow. The rent roll data builds the foundation for day-to-day operations in asset and investment management. They also built the foundation for the valuation of the asset. Therefore, accurate and consistent data is crucial to make the right decisions.
The year 2021 brings new work trends, which, together with the potential relaxation of measures, will soon be reflected in the form of leases and the use of office space. According to experts from Business Link, the offices will become primarily a meeting place for collaborative work and the emphasis will be on new contactless technologies. Companies will continue to look for new flexible solutions for running their offices.
Today, companies are looking for ways to make office space more attractive and give employees a reason to return to work. According to a new report from JLL, it must focus its attention on employees. The JLL report, entitled Reimagine: The New Future of Work to Shape a Better World, predicts that the future of work lies in prioritizing both the physical and mental health of employees. Expected trends include a major transformation that will transform traditional offices into central spaces for interaction, collaboration, innovation and employee training.
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