Most people go from the hustle and bustle of work to relax on vacation, but some may not feel the need. If you can jump directly into the sauna in the office after a busy day, jump into the climbing room next door to the climbing wall or have a cocktail with colleagues at the company bar, you still have a bit of a holiday.
Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.
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 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.
The organizers of Open House Prague have chosen the summer date of the festival this time and invite all lovers of architecture to its seventh year, which will take place from 2 to 8 August 2021. On the weekend of 7 and 8 August, 80 normally inaccessible buildings and spaces and The week will bring a number of accompanying events. The motto of the festival is "Architecture for all", because the tours of the buildings are intended for the general public, including families with children and people with visual and hearing impairments. Admission to all open buildings is free without prior registration.
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