A new district, which respects the historical monument with a unique genius loci from the Czech Industrial boom times and connects it with modern lifestyle is about to be built.
According to the international real estate consulting company Savills, companies looking for first-class office space on the European market will face a high degree of competition, despite the fact that the construction of new office space is the most active in the last five years. According to Savills' European Office Development report, the new office space to be completed in the region this year will provide 26% more space than in 2020.
The Rustonka office building complex located in Prague 8 - Karlín will be complemented by another new building: the Red Court office building from the CMC architects workshop. The architectural and design company OBERMEYER HELIKA continued its successful operation in the construction of the RUSTONKA 1C and 2 office buildings. Now, as the general designer, it provides documentation for the building permit and for the construction of the Red Court office building. During the construction, it will also provide the function of author's supervision.
CFIG Real Estate, which belongs to the CFIG financial and investment group, presents the final version of the Palachovka project. The company bought the five-storey administrative center in the wider center of Pardubice from the construction holding Enteria. The finished premises should be ready to move in by the end of 2022.
The office market is one of the areas most affected by real estate pandemics. It is not yet clear how many people will return to the offices and what proportion of companies will require "pre-fashion" attendance from their employees. Investors and operators of coworking centers are venturing the opportunity to cut a larger share of the market.
According to a survey by JLL Global Benchmarking Service, the global average office space per employee is 13 square meters. In Prague, the area is between 10 and 11 square meters, ie lower than the global average. Employees have the most space in offices in Chicago, USA, almost 23 square meters. At the bottom of the scale are cities like Manila or Bangalore, where workers have 7 square meters at their disposal.
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)
REICO’s ČS real estate fund has decided to sell the Platinium office building in Brno to Czech investment group RSBC. The Platinium building was the longest-held property in the fund's portfolio.
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