News Article CBRE CPI Czech Republic leasing office Prague
by Property Forum | Office

CBRE has facilitated the lease of approximately 15,500 sqm of office space to the expanding Prague team of ExxonMobil in Luxembourg Plaza in Prague 3. The 1,200 employees who currently work in two different office buildings will move into the new headquarters in Q1 2022.

ExxonMobil has been operating on the Czech market for 16 years. Some of the employees of the Prague office have been based in Luxembourg Plaza, the rest in the nearby Atrium Flora office centre. The local branch also has a shared service centre that directly cooperates with other branches of the company around the world. The team is constantly evolving and needs space for further growth. However, the existing offices did not allow any further expansion and therefore ceased to be satisfactory. CBRE was looking for a new solution for ExxonMobil and, after thorough market analysis, suggested moving all employees to Luxembourg Plaza, owned by CPI Property Group.