Brno's total office stock hits 583,000 sqm

Brno's total office stock hits 583,000 sqm

Published at: 2019-02-07 10:17 | Author: CIJEurope.com
The total stock of modern office space in the city of Brno reached 583,400 sqm in the second half of 2018, with class A buildings making up 82 percent of it. The figure was published by the Regional Research Forum, which adds that the increase came from the completion of two new buildings: CTOffice A3 (a 6,700 sqm building) and Vlněna Office Park H (6,500 sqm). Since Oracle had pre-leased the Vlněna building, its completion didn't add anything to the city's vacancy rate, which currently stands at 9.6 percent. At the moment, 75,200 sqm of office space in seven projects is under construction with 60,000 sqm of it expected to complete this year.

Similar Stories:

M7 Real Estate acquires two office buildings in Warsaw
M7 Real Estate has acquired from Azora Europa two Warsaw office buildings, Cristal Park an  »
3house expands space at Unimed in Bucharest
Coworking space operator 3house has added 1,700 sqm on two floors to its location at the U  »
Polski Holding Nieruchomości to build Intraco Prime in Warsaw
Polski Holding Nieruchomości has secured the final building permit for the construction o  »
Immofinanz acquires Warsaw Spire for €386m
Immofinanz has acquired the Warsaw Spire from Ghelamco and Madison International Realty fo  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »