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Articles - office markets

Scott.Weber Workspace opens new private flexible offices The Park and Port7 in Prague

Scott.Weber Workspace, which operates flexible serviced offices, coworking and event spaces, is expanding. It will offer 830 office spaces in the new locations The Park and Port7.

Českomoravská nemovitstní plans a complete takeover of the Churchill Square office complex in Prague

The Churchill Square office complex in Prague near the main railway station will be completely transferred to the domestic company Českomoravská nemovitstní. She already owns half of the building. The other half belongs to the Lebanese investment group CFH.

Domoplan will build a two-block building in Brno for billions. It will offer apartments, coworking and a private clinic

Leading Brno developer Domoplan is planning a large-scale construction for four and a half billion crowns near the final stop of the recently completed West Gate tram line. After exiting the "wasteland" one finds only a barren plain here today, but within a few years the multi-functional urban two-block Brixx will grow here with more than four hundred apartments, offices and a top medical workplace. The construction of the project, for which Domoplan has already received planning permission, should begin in the first half of next year.

Sharry Platform to Connect Five DOCK Office Buildings in Prague

Sharry, a company developing a workplace experience platform around digital employee badges, has completed its largest project in the Czech Republic yet. It has launched a comprehensive digital solution for the office part of the Prague-based DOCK complex developed by Crestyl. The contract includes a mobile application "DOCK by Crestyl", which connects users from all five office buildings and contributes to the greater sustainability of the project.

Scott.Weber Workspace continues to expand. It is opening additional locations with almost 1,000 office spaces

Scott.Weber Workspace, which operates flexible serviced offices, coworking and event spaces, is expanding. In the new locations of The Park and Port7, it will offer 830 office spaces with an area of 7,322 m2, in addition to expanding the area in Atrium Flóra by another whole floor. The Park in Chodov is a campus of office buildings with exceptionally rich civic amenities. Due to the nature of the companies located there, the location is referred to as "Prague's Silicon Valley". On the contrary, Port7 is a newly built complex in Holešovice, which is considered to be the new Prague waterfront. And it is, for example, the only place in Prague that can be reached by seven modes of transport. The Atrium Flóra concept, where offices are located in a shopping center building, is being expanded by another floor due to its great popularity.

The volume of investments in commercial real estate in the Czech Republic reached 1.62 billion euros last year, the lowest since 2013

The volume of investment in commercial real estate in Central and Eastern Europe (CEE) in 2022 was approximately 10.7 billion euros. Although this is a year-on-year decrease of only 3.3%, compared to the situation before the pandemic, it is a reduction of more than 20%. At the same time, domestic capital was the most active with a 38% share of total transaction volumes. In the first half of 2023, commercial real estate markets will remain subdued due to significantly higher financing costs and the subsequent price correction currently taking place in both CEE and many other regions. Colliers experts estimate that in 2023 investment volumes in CEE could reach between 7.0 and 10.0 billion euros. This follows from a study by Colliers, a leader in the provision of diversified professional services in the field of commercial real estate and investment management.

CBRE analysis: domestic office buildings are gradually being populated with modern technologies. The potential for further growth is huge

In today's digital age, we place more and more emphasis on the use of modern technologies - and office buildings are no exception. The main goal is to work efficiently with resources, especially with energy, and to make the users of these buildings as pleasant as possible during their stay in them. CBRE, the world leader in the field of commercial real estate services, presents in its latest analysis what smart office buildings can offer, how widespread the use of modern technologies is in the Czech Republic, and what companies should ask potential customers when looking for new premises in this regard. landlords.

Despite the war in Ukraine, double-digit inflation and rising fossil fuel prices, the commercial real estate market remained relatively stable in most CEE countries in 2022

The company Colliers, which is a leader in the provision of diversified professional services in the field of commercial real estate and investment management, in its new study entitled "Highlights 2022: CEE-6 Real Estate Market" evaluated the development of the real estate market in the Czech Republic and five other middle and of Eastern Europe in 2022. The market was primarily affected by the war in Ukraine, rising construction, operation and transportation costs and pressure to comply with ESG.
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