While the first stage of the magnificent Masaryčka project by Zaha Hadid, built by Penta Investments next to Masaryk Railway Station, is gradually growing floor by floor, the second part, which includes the area around the main road and Florence, is still waiting for a plan for further development.
The Passerinvest Group, an investment and development company whose flagship project is Prague’s BB Centrum (Brumlovka), has begun the construction of the new Roztyly Plaza office building. The building, with a total area of 23,000 m2 from the workshop of the architect studio Aulík Fišer architekti, is going up right by the Roztyly metro station (C line) in Prague 11. Apart from the office function, the project also offers a public P+R parking lot and several retail units, which will significantly expand the local civic amenities.
A consortium of Penta Real Estate, Kaprain Group and Sekyra Group bought land from the University of Chemical Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for an amount just over one billion crowns. It acquired a total of 20,122 square meters, ie the majority of the buildable area of the so-called fourth quadrant of Vítězné náměstí between Evropská and Jugoslávských partizánů streets. Penta said this in a press release.
"Building B was the last renovation that had to be completed so that in our portfolio we had only top offices equipped with the latest technologies that also meet the requirements for sustainability. Part of our philosophy is also building a quality public space, so as part of the reconstruction, we also built an open atrium with wooden seating, greenery and a water feature and a new Ellen G. White Square with mature trees and a jet fountain. Our goal is to provide tenants with a quality background so that they feel comfortable with us during and outside working hours, ”said Vladimír Klouda, Executive Director of Passerinvest Group.
from BNP Paribas Real Estate by the end of 2021, almost 40,000 m2 and in the following period over 140,000 m2 of new offices are being prepared by developers in the territory of Prague. The balance is mainly influenced by large and long-term development projects - Port 7 from Skanska in Holešovice or construction in the area of Masaryk's railway station by Penta. Sekyra Group also makes a significant contribution to the offer of new administrative areas with its Smíchov City and Rohanský ostrov projects. Their plans have not yet changed the rising prices of building materials and energy. Nevertheless, construction will reach pre-covid level at the earliest in 2023.
We have prepared for our readers Kancelareinfo.cz an exclusive interview with CAPEXUS experts on the interior of workplaces. How has the Covid-19 pandemic affected trends in workplace interiors? What transformation projects are they currently working on? How important is the diversity of the workspace?
Preparations for another large project of the Passerinvest development group took almost fifteen years. After the BB Center in Michel, it will start developing a second location in Prague's Roztyly. So far, the plans cover about half the area of BB Centrum, but even there, developer Radim Passer has been buying more land on an ongoing basis.
The activity of real estate investors fell to the lowest values since 2013 in the first quarter of this year. The owners changed their commercial (and residential) buildings for EUR 310 million. Rather than the effects of covid measures, the result was affected by the lack of quality real estate to buy.
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