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Articles - Office projects

Hochtief Development leaving Czech market

Hochtief Development is leaving the Czech market. According to CTK, the company’s German headquarters has let its Czech staff go and begun the sale of two office projects the company was working on.

Less office space in Prague

Total modern office stock in Prague decreased by the end of the first quarter of 2014 and stood at 2.9 mln sqm with class ‘A’ properties accounting for app. 72 pct of the stock, according to the Prague Research Forum.
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