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.




Latest news


New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • 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.
  • 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.


Latest news

News - SHD Real Estate to develop resi project on the shores of Lipno lake
25
Jun
2026

SHD Real Estate to develop resi project on the shores of Lipno lake

by Property Forum
SHD Real Estate is unveiling its residential development, Lipno Vista, with construction scheduled to start in H2 2026. The project will comprise 179 residential units across more than 16,000 sqm, on the shores of Lipno, the largest lake in the Czech Republic.
Read more >
News - UDI Group secures permit for new resi phase in Prague
25
Jun
2026

UDI Group secures permit for new resi phase in Prague

by Property Forum
UDI Group has obtained a building permit for Building A of its SIDE Smíchov Living project. The project in Prague's Smíchov district enters the implementation phase following the building permit for Building B. Building A is the second of three planned buildings, with construction expected to start in Q2 2027.
Read more >
News - Rohde & Schwarz Topex expands offices to 10,000 sqm in northern Bucharest
25
Jun
2026

Rohde & Schwarz Topex expands offices to 10,000 sqm in northern Bucharest

by Property Forum
Rohde & Schwarz Topex, part of the German Rohde & Schwarz group and its centre of competence for Voice Communication Systems, is consolidating its presence on the Bucharest office market through a renewal and expansion transaction at myhive IRIDE | nineteen, owned by CPI Romania.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy