CA Immo starts refurbishment of office building in Prague

03
Jul
2024
News - CA Immo starts refurbishment of office building in Prague #CA Immo #Czech Republic #office #Prague

by Property Forum | Office

Danube House is a landmark office building in Riverside Karlin, anchored by international occupiers from tech, start-up, legal, and banking industries. After 20 years of operation, it is now undergoing comprehensive refurbishment.


The New Danube House will offer 22,500 sqm of leasable area, predominantly for offices. The stone facade will be replaced with a new terracotta facade designed by the Bogle Architects, led by Luigi Simione to enhance its shape and volume. The atrium will become the living heart of the building with floating platforms serving as meeting spaces, lounges, study rooms, auditoriums, a climbing wall and exercise areas. It will feature two private suspended meeting rooms with panoramic river views, a shared meeting room, and a large winter garden on the second floor. Sustainable design includes energy-efficient and renewable heating and cooling sources (heat pumps), advanced waste recycling, and targeting LEED Platinum certification and Energy Performance Certificate (EPC) B. Danube House will be 100% powered by renewable electricity.

CA Immo plans to start construction works in Q4 2024. The completion of the New Danube House is expected at the beginning of 2026. Full operations will commence in Q1 2026.

The office campus comprises five office buildings, Danube House, Nile House, Amazon Court, Mississippi House and Missouri Park – and has just been completed by a newly created park, which opens the area to the general public. It is accessible not only from Karlín but also from Holešovice, thanks to the new pedestrian bridge nicknamed HolKa.
 




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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