Prague’s Flow Building to be completed in July

14
Feb
2020
News - Prague’s Flow Building to be completed in July #Czech Republic #development #Flow East #mixed-use #office #Prague #retail

by Property Forum | Office

Flow East has pre-leased 75% of its mixed-use project being constructed on Wenceslas Square (Václavské náměstí), with just 5,000 square metres of office space left available at The Flow Building five months ahead of its completion.


The Flow Building will offer approximately 15,000 sqm of Class A office space and 6,000 sqm of Class A retail premises in the heart of the Czech capital’s central business district.

On the retail side, the world’s largest discount fashion retailer Primark will open its first store in the Czech Republic in The Flow Building, leasing all the retail space over three floors. Office space has been pre-leased to Scott & Weber, Graebel Relocation Services and a major multinational tenant yet to be disclosed. Scott & Weber will give The Flow Building further flexibility to accommodate an even wider range of tenants as a provider of premium coworking and serviced office space for companies of all sizes.

The building which is aiming for an ‘Excellent’ BREEAM rating has been designed to incorporate passive technology that reduces client energy consumption and CO2 emissions, provide an abundance of natural daylight, and to ensure the optimum internal environment through parametrically controlled solar shading and openable windows. The tenants of the building will also have access to a “Flow Zone” common room on the top floor with views of the National Museum and access to a rooftop terrace with panoramic views of Prague.

The two underground parking levels will offer the largest number of spaces with access to electric charge points in central Prague (50 out of a total of 129). There are also electric charge points for
e-bikes alongside changing rooms and showers for tenant employees. 




Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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