News

Prague Office Market – 2017 Q3 Overview

Real Estate and Consulting Company Professionals s.r.o. informs about the state of the Prague office property market in the Q3 of 2017.

Prague office stock changed last quarter adding two office projects to the market. The newly completed schemes are Mechanica buildings within Waltrovka development and Drn (initially Palác Národní) in Prague 1. Total new stock of 2017 Q3 stood at 35,600 m2. Office space delivered between 2017 Q1 and Q3 totaled approximately 64,000 m2.

Total amount of office space under construction in the capital in 2017 Q3 stood around 339,000 m2. Prague 8, Prague 5 and Prague 4 posted the largest development activity with 92,900 m2, 83,700 m2 and 83,400 m2 respectively. CSOB Bank II situated in Prague 5 remained the largest project under construction in the capital – once completed, the building will comprise ca. 30,000 m2.

In Prague, gross take-up dropped by some 16 % compared to the previous quarter 2017 Q2. In 2017 Q3 Prague recorded around 105,000 m2 in office transactions.The largest transaction of 2017 Q3 was new lease deal which was concluded in the new project constructed in Prague 8 named Rustonka II where Amazon took approximately 12,500 m2 of office space.

In 2017 Q3, CBD's prime office rent experienced no significant changes   and stayed between 18.50 – 20.00 € /m2/ month. With regard to the prime rents in the rest   of Prague, these stagnated between 14.00– 16.00 € / m2 / month in Inner City and between 13.00 – 14.50 €/ m2 / month in Outer City.

Office vacancy rate in the capital city got below the 8% mark in the third quarter of 2017 standing at only 7.8 %. Sharp decrease in vacancy has been recorded since 2014 whilst the 2014 year saw the long term maximum of vacancy rate standing at 15.4 %.

Download full report.

Professionals instructed to represent Maloja Investment SICAV in the sale of the area Park Kbely

​PRAGUE, 08 November 2017 - The Real Estate and Consulting Company Professionals s.r.o., on the basis of a contractual agreement and long-term cooperation with the shareholders of Maloja Investment SICAV a.s., successfully represents the owner in the strategic development and subsequent sale of the original industrial complex of Kbely Complex. Closed area with approx. 150,000 m² is a gradual transformation and redevelopment for a wide range of users, offering a large number of buildings suitable for administration, production, storage, sports and art.

"The Kbely area offers many opportunities for future, including new owners of land and industrial buildings in their development, thanks to excellent connections to Prague's backbone communications and public transport," says Petr Kozojed, Head of Investment in spol. Professionals. "

New real estate for strategic development here through Professionals s.r.o. Among others, Pekárna Kabát or Knihy Dobrovský. Within the complex, the investor plans to build a residential development, build a business center or brewery.

News from Villas Břežany | Open Days - October 13 and 14

We are pleased to open the doors of the show house of the project Villas Dolní Břežany.

Come and see a unique project of luxury, low-energy family houses and choose your new home!
We are looking forward to seeing you already on Friday 13 October 2017, 16:00 - 18:00 and Saturday 14 October 2017, 14:00 - 16:00 in the northeastern part of Dolní Břežany in the newly allocated street K Vinicím with a romantic touch.

We will be here for you, prepared to answer your questions and requirements.

We Have Just Started Selling Premium Apartments of the Jinonická Rezidence Project

The Jinonická Rezidence project offers eight extraordinary apartment units in the layouts from 2+kitchenette to 4+kitchenette with the views of the surrounding greenery and excellent transport accessibility – you can reach the Anděl metro station within five minutes. The Jinonická Rezidence project features breathtaking views of green vegetation and at the same time easy accessibility of the city centre, you can reach Anděl in five minutes. All the premium units except for one offer generous outdoor spaces – whether it is a garden, terrace, enclosed balcony or balcony... and the upper duplex apartment features a spacious terrace with unique views. The standard equipment of the apartments in Energy Class B corresponds to the high demands on contemporary living and it comprises quality materials and products of renowned brands. The final inspection is scheduled for spring 2018.

www.jinonickarezidence.cz
JINONICKÁ REZIDENCE - PRIVACY | DESIGN | NATURE

Model House of the Villas Břežany Project Newly Opened to the Public

The total of 40 low-energy houses with a sophisticatedly elaborated interior and a modern look will emerge in the attractive locality of Dolní Břežany.

Arrange your tour at +420 608 530 740 today, and live in your new house as early as this summer!

We Supported the Sportovci Hrdinům (“Athletes for Heroes”) Project

We are delighted to have been able to contribute financially to the Sportovci Hrdinům project – and thanks to this to experience an unusual amount of emotions in the story of an exceptionally strong girl Boženka.

Boženka is four years old, she suffers from spinal muscular atrophy, but cherishes a great deal of dreams. Thanks to the enormous will of the organizers and to the unbelievable support of the public, it was possible to raise the amount of CZK 979.762,-, and thus to fulfil not only one Boženka´s dream.