Articles - office market

ERSTE Realitná Renta fund buys Zuckermandel offices

Slovenská sporiteľňa Asset Management’s ERSTE Realitná Renta real estate fund has bought Zuckermandel’s office part from J&T Real Estate, a.s. This represents the 2019-founded fund’s first property portfolio acquisition.

Penta withstood the crisis year 2020 perfectly

The Penta group closed the pandemic year of 2020 with a net profit of 134 million euros, while total assets of the portfolio companies reached 11.1 billion euros. Despite the pandemic, Penta invested 419 million euros in Capex for the development of its companies and projects. The group employs more than 43,000 people and has paid a total of 243 million euros in income tax and other social contributions.

The office market is reviving, as confirmed by the largest developer

The pandemic and the ensuing corona crisis have accelerated several trends in commercial real estate, such as flexibility of space and work styles. At HB Reavis, they have incorporated these trends into a unified concept and have been offering workspace to their clients as a service for four years, long before the pandemic itself. The last year, the office sector has passed a burdensome test, in which flexibility and innovation have proven to be key, whether for new or existing customers. The current business results of HB Reavis confirm that the interest in offices still persists, only the form of the clients' needs has changed.

Smart office. What the work environment of the future should look like

What should your future work environment look like? It should be smart, green, think about nature and your health, and offer so many options that you won't want to leave it.

J&T Real Estate reveals the final form of the Triangel II project

It has not been a secret for some time that the developer J&T Real Estate (JTRE) plans to stop the land between Dostojevského rada, Krupková and Pribinová. An administrative building is to be built here, while previous visualizations indicated that it would be an object with an extravagant shape. The definitive form of the plan has been revealed in recent days.

What the future office needs to look like

The ongoing debate about the longevity of the office is nearing drawn-out status. We know its role is changing. We should also understand that it isn’t going away. Data shows interest in the office isn’t dying. Demand for high-quality, comfortable and convenient spaces across European cities remains strong. In fact, CBRE expects leasing rates for offices to recover in 2021, reiterating the key role the office will play in a blended working environment.

The major tenant in Nové Apollo will be one of the largest IT companies in the world

One of the largest IT companies in the world is moving its Slovak offices to New Apollo. In addition to the project itself, the company was also approached by the flexible Qubes premises and the Symbiosy and More services from the HB Reavis portfolio. It is thus clear that HB Reavis' unique strategy of providing workspace as a service is key for clients.