Flow East tops out Prague mixed-use development

03
Dec
2019
News - Flow East tops out Prague mixed-use development #Czech Republic #development #Flow East #mixed-use #office #Prague #retail

by Property Forum | Retail

Flow East announced the topping out of its landmark project being constructed on Wenceslas Square (Václavské náměstí) as contractor Metrostav placed the last beam atop the structure.


When completed in summer 2020, The Flow Building will provide approximately 15,000 square metres of Class A office space and 6,000 square metres of Class A retail premises in the heart of the city’s central business district.

“We have been working towards this moment for more than 13 years. Today brings our vision of creating a truly iconic contemporary building on one of the world’s most historic squares a step closer to reality. The Flow Building will form an integral part of the urban renewal effort of Wenceslas Square while establishing new standards for future developments in Prague,” says James Woolf, CEO and Founder of Flow East.

The interior of the building will showcase modern sustainable and environmental solutions. Pre-qualified by BREEAM with the rating of ‘Excellent’, the building will benefit from nine flexible floorplates of up to 2,500 square metres and an abundance of natural daylight. The building has been designed to incorporate passive technology to reduce client energy consumption, which will reduce energy demand and CO2 emissions.

Primark, the international retailer has leased 4,700 square metres of retail space over three floors. This will be Primark’s first store in the Czech Republic. Primark is working with Flow East to tailor the space to fit Primark’s exact needs.




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  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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