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Articles - property investment

Arcadis Czech Republic offices were the first in continental Europe to receive a WELL Health-Safety Rating

Arcadis Czech Republic was the first in continental Europe to receive for its office in the Czech Republic an assessment of the quality of the working environment according to the international WELL Health-Safety Rating standard for operation and maintenance, prepared under the auspices of the International WELL Building Institute (IWBI). This independently validated assessment for new and existing buildings and premises is based on the evaluation of documentation on operational guidelines, maintenance, stakeholder involvement and crisis measures contributing to a safe working environment with regard to the spread of COVID-19.

Prochazka & Partners: Two thirds of tenants reconsider the traditional model of office operation. Half is waiting for the end of the contract

Prochazka & Partners follows up its spring client research on the future and use of offices. The survey, which takes place during the second lockdown, which the Czech Republic is now facing, was attended by almost 100 companies with a floor area of over 350 thousand. m2 (approximately one tenth of the Prague market). The company most often solves the current crisis by looking for a subtenant (16.5%), reducing office space (11.5%) or negotiating a lease on more favorable terms (8.2%). On the contrary, 9.8% of respondents are thriving and expanding despite the crisis. The rest (54.1%) then waits for the end of the lease, as current conditions prevent them from resolving the situation more effectively.

The post-COVID office revolution

Although the headline proclaiming “the end of the office” is eye-catching, most professionals agree that COVID-19 will definitely not kill off the office. On the contrary they predict the “new normal” after the pandemic is over will reinforce the importance of the office. However they also say that the office will serve a completely different purpose and will be entirely revisited in terms of design and space allocation.

The tallest Czech skyscraper is to be built in Prague, the shipwreck will rest on it

Prague 13 has signed a memorandum with the development company Trigema about the planned construction of the Top Tower at the Nové Butovice metro station, which is to become the tallest building in the Czech Republic.

Wooden tree and a view of Špilberk. Smartlook has moved to new design spaces in the center of Brno

The Brno startup Smartlook, which focuses on analyzing the behavior of users of websites and mobile applications around the world, has moved to new offices in the center of Brno. The modern premises provide plenty of space for employees to meet and hold corporate events. The design of the interior was undertaken by the PREMIER interiors studio, which used unique elements such as a standing wooden tree or heraclith ceilings. In addition to the unique design, the new place offers a view of the entire surroundings of the largest city in Moravia from Pálava to the Moravian Karst.

The future of offices according to CBRE: How to manage their transformation?

The coronavirus pandemic significantly affected not only the functioning of society as a whole, but also changed the current rhythm in office centers. With the introduction of work from home, many companies now face a new challenge in dealing with office space. The winners will be those who adopt a flexible model: this means that they will have an immediate transition to the online environment and will be able to react quickly and without significant losses to unpredictable situations. At the same time, however, they must not lose the irreplaceable function of the office - its social aspect. CBRE, a world leader in commercial real estate services, presents areas that are recommended for offices to focus on. They also advise on how best to incorporate change into the operation of companies.

The Most Important KPIs in Digital Real Estate Marketing

Every real estate marketer wants to have a clear visibility on marketing campaigns performance in order evaluate the return on investment in terms of engagement, sales and actual revenue.

The Prague Research Forum (PRF) publishes data on the office space market for the third quarter of 2020

The Prague Research Forum reports that a total of 21,200 m2 of office space was completed in Prague during the third quarter of 2020, bringing the total volume of modern offices to 3.73 million m2. The newly completed premises include three newly built buildings - AFI City 1 in Prague 9 with 15,900 m2, the Office Building of Czech Ports in Prague 7 with 2,800 m2 and Poděbradská Centrum in Prague 9 with 2,400 m2.
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