The City Point office building in the attractive location of Prague 4 - Pankráce is changing hands. From the hands of the investment company Amundi Czech Republic, the ownership of the domestic operator of coworking spaces and serviced offices WorkLounge is transferred. The Mint Investments group was the investment advisor that arranged the entire transaction for Amundi. Agents from the real estate consulting company Cushman & Wakefield and the law firm Havel & Partners also participated in the transaction. The amount of the transaction exceeded the value of 450 million crowns.
The hybrid work model has already become standard in 92% of office companies. However, not every organization transitions to this model without problems, and there is a significant discrepancy between employer preferences and employee expectations. While three quarters of employers are satisfied with it and consider it optimal, employees often have a different opinion. They want more flexibility, which is even becoming an increasingly important aspect for them when deciding whether to accept a job offer. This is according to the research "Hybrid and Beyond 2023" published by Colliers, a leading provider of diversified professional services in the field of commercial real estate and investment, through the sale of the property.
Another close alliance is emerging between Czech billionaires. After the businessmen Karel Komárek and Jakub Havrlant created a new media and consulting group Mind2Flo last year, the pair is about to start development together. Their plan has yet to be approved by the European Commission.
One of the largest development areas in Prague, Rohanský ostrov, was for years associated exclusively with the name of billionaire Luďek Sekyra. He was backed by other investors, but his development group was talked about as the one that would build a new district on the spot for tens of billions. That is changing now. The development company J&T Real Estate acquired part of the territory exclusively for itself. It will build a thousand apartments, offices and shops on the spot for 15 billion.
The office buildings Palác Anděl and River Garden II/III in Prague and Wronia 31 in Warsaw were newly included in the list of properties with a WiredScore technology certificate. This certification is awarded to buildings with exceptional digital connectivity and teletechnical infrastructure. In addition, all three buildings received the highest rating of Platinum. The building owner, LaSalle, was supported by Colliers in the certification process.
The Sebre development company of Petr Němek and Jan Fidler has come close to building one of its two major projects in Belgrade, Serbia. The Marina Dorcol district has received a zoning decision, and Sebre will thus be able to start pre-sales of apartments. Construction could begin next spring.
More and more companies are considering regional expansion, but the lack of suitable office space prevents them from doing so. In regions outside of Prague and Brno, there is not only a shortage of modern spaces for rent, there is also a lack of flex operators. At the same time, they could benefit from the growing interest of international companies in the so-called Hub & Spoke or Flex & Core model. This is according to Colliers, a leading provider of diversified professional services in commercial real estate and investment.
The extensive transformation of Rohanské nábreží under the baton of the development company CA Immo did not end with the completion of the last office building. After almost twenty years, the originally neglected area on the right bank of the Vltava river has become a sought-after part of the city, where people go not only to work, but also to relax, play sports and have fun. The complex of a total of five administrative buildings, which are named after rivers from around the world - Danube House, Nile House, Amazon Court, Mississippi House and Missouri Park - has just been completed by a newly completed park, which opens the entire space to the general public. It is accessible not only from Karlín, but also from Holešovice, after the recently approved footbridge with the already popular nickname HolKa. Cyclists can even come here directly from the city center on the backbone cycle path A2, which only recently received a new asphalt surface in this section and was extended to four meters. The final and symbolic completion of the construction of CA Immo in this location is the renaming of the area from the current River City Prague to Riverside Karlín.
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