This is granted to buildings or offices that provide their users with the highest possible level of security, including maximum protection against covid-19 and other infectious diseases.
Colliers, a leading company providing diversified professional services in commercial real estate and investment management, has published a regional office market survey for 2021. According to him, the importance of regional cities will continue to grow, both due to lower price levels and the emergence of new quality office space. Last year, gross annual demand began to grow again after a period of stagnation, both in large centers such as Prague, Brno and Ostrava, as well as in regional cities.
At the beginning of April, Passerinvest Group introduced the new visual identity of the Brumlovka locality. In connection with the newly-chosen communication identity, there was also a redesign of the website and primarily the launch of a new Brumlovka mobile app. The visually pure and user-friendly mobile app offers a comprehensive overview of everything the locality offers the general public. Users who download the app will have access to a map with navigation throughout all of Brumlovka, an overview of the daily menus of the individual restaurants and cafeterias, a calendar of events, a map of parking lots and charging stations, and the offer of sports facilities, parks and playgrounds. Another benefit is the timetable for all the mass transit routes passing through the location. The app also includes the current offer of space for rent.
The year 2021 was very successful for UBM Development Czechia. It sold three projects (in Prague, Lipno and Karlovy Vary) and also approved the Astrid Offices projects in Holešovice, the Andaz Prague Hotel on Senovážné náměstí and the Neugraf residential project in Smíchov. This list also includes the start of construction of an extensive residential project Arcus City in Prague-Stodůlky, where it also directly opened a sales center. This year, UBM will start construction of the next stage of this project. At the same time, they are negotiating new acquisitions. Following the example of the Austrian parent company, it is going to use ecological wooden constructions of houses and prepare a pilot housing project in the Czech Republic.
The construction, operation, financing, development and acquisition of commercial real estate in 2022 and beyond will continue to be affected by the prices of fuels, energy and building materials. Added to this are problems in supply chains, nearshoring operations and rapidly rising inflation. The Colliers CEE Investment Scene 2021/2022 study predicts that these factors will have a direct impact on sales prices and rents.
Passerinvest Group (Passerinvest), which celebrated 30 years since its establishment in December of last year, is behind the urban transformation of the Prague locality Brumlovka in Prague 4, which is one of the largest projects of its kind in Central Europe. During this period, Passerinvest’s investment activity has enriched the state coffers by CZK 71 billion. In the last 16 years, it has also been involved in the preparation of the appropriate urban development of Prague - Roztyly. The company plans to invest an additional CZK 35 billion in both locations in this decade. The outlook includes commercial and residential projects, the expansion of civic amenities and publicly-accessible spaces for the general public.
Czechoslovak Group (CSG) will change its headquarters and move to a completely new building from J&T REAL ESTATE CZ, which it will have furnished exactly according to its needs. The Karlín premium project Red Court designed by CMC Architects was acquired by the tenant a year before its completion.
European markets, including the domestic one, entered the new year with a renewed appetite for new office space. And people are gradually returning to their current ones from work at the home office. During the year, therefore, we can expect a further inclination of companies towards a hybrid model of work and at the same time a greater demand for flexible solutions and high quality of the indoor environment. The common office will remain irreplaceable even if the way it is used changes. The reasons have already been tested by time and personal experience: corporate culture is formed here, values are consolidated and it is a place of spontaneous interaction, communication and cooperation. However, what conditions are currently waiting for tenants in the country or neighboring countries? CBRE, the world leader in commercial real estate services, offers an interesting comparison in terms of new construction, rent and occupancy of office real estate.
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