Skanska to bring first circular economy building to Prague

27
Jan
2023
News - Skanska to bring first circular economy building to Prague #circular economy #Czech Republic #development #office #Prague #Skanska #sustainability

by Property Forum | Office

In Prague 7, Skanska is preparing the first office project in the Czech Republic which is being built on the principle of the circular economy. The Mercury project is being built with materials from demolished buildings and will have 20,000 sqm of premium office and retail space.


Mercury will be the first Czech office building built according to the principles of the circular economy. In fact, the materials from the building that now stands on its site will be used for the construction of Mercury. The project will offer approximately 20,000 sqm of premium office and retail space and, by using materials from other buildings, will also significantly reduce the building's environmental impact. The Mercury will reuse materials from the brutalist Mercury Building, built in 1971. Skanska chose this circular approach both for its positive environmental impact and out of respect for the original building.

"We are constantly pushing the boundaries of sustainable development and circularity is one of the best ways to reduce the environmental impact of the construction industry. It makes perfect sense to use valuable materials from old buildings. But no one in the Czech Republic has done this to a comparable extent. And we decided to change that," says Martin Zemánek, Project Manager of Skanska's commercial development unit in Central and Eastern Europe.

An example of the circular approach to construction is the use of concrete from Mercuria, which the developer grinds and reprocesses to form the load-bearing structure of a new project. It will also preserve valuable materials and furnishings from the interior of the old building. Old kitchen cabinets have already found a new life in houses intended for refugees, and Skanska has donated around 100 doors to the Bulovka University Hospital. At the same time, Skanska is trying to limit the use of new building materials as much as possible during construction.

"To maximise the circularity of the Mercury project, we will salvage furniture from the old building and offer it to the furniture bank. We will even keep the name of the building, but give it a slightly more modern touch," adds Martin Zemánek.

The building will provide tenants with office and retail space of the highest quality with an emphasis on the environment and the well-being of its occupants and the surrounding area. To prove it, we are striving for the highest levels of LEED, WELL and WELL Health-Safety Rating certifications.

"The Mercury building will also be exceptional in that it will feature the largest green roofs and terraces ever built in the Czech Republic. At the same time, we always support community development in the neighbourhoods surrounding our projects. That's why we will contribute to Prague 7 to build a new park in close proximity to Mercury," concludes Martin Zemánek.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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