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. 




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New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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