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Articles - Office projects

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.

Energy savings in office buildings

Companies should choose green office buildings because they consume tens of percent less energy than conventional buildings. Energy recovery, external window shading, LED lighting with motion sensors and daylight-enhancing office design can reduce lighting costs by 50%.

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.

Lenka Preslová became the commercial director for commercial real estate of developer Crestyl

In February, the development and investment group Crestyl appointed Lenka Preslova as its commercial director for commercial real estate. In the newly established position, she became part of the management of Crestyl in the Czech Republic, where she will lead the team dealing with the leasing and management of commercial real estate - both office and retail.

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