17
Sep 2018

OFFICE DEVELOPMENT ON PANKRÁC ATTRACTS TECHNOLOGICAL COMPANIES

  • Offices

The expansion of administrative construction in the location of the "Prague’s Pentagon" brought to the site the inflow of demand from the leading technology and IT companies. They occupy spaces in newly completed projects, which thicken previously fragmented construction in the area.

Trimaran, Element, Main Point, or a previously completed Enterprise. These are the names of the administrative complexes that are being created on the Pankrác plain near the metro station or the Arkády Pankrác shopping center. The unifying element, except for similar timing, is also of interest gained from leading tech companies. The trend that launched Avast, an anti-virus giant, by moving to new premises in the Enterprise complex is now continuing with completion of multiple new projects.

The latest representative is the Korean developer IGS, or its Czech branch, Alchemy Gaming, focused on the highly popular "gaming" sector, specifically the development and the consultancy within the gaming industry. By leasing 623 square meters in Trimaran project, the company enters the European market, as it has still managed its operations from the Korean headquarters. As mentioned by Ondřej Straširybka, Office Consultant, 108 AGENCY, that mediated the transaction in cooperation with CzechInvest: "The gaming industry and its associated development and consultations are currently a very dynamic segment, companies are expanding extensively and can afford to be accommodated in state-of-the-art administrative projects that provide adequate technical equipment and, last but not least, increase brand attractiveness in the eyes of potential employees. And this is a very valuable aspect of the extremely low unemployment rate." The total project of Trimaran, built together as the neighboring Element building by the Austrian company S + B Gruppe, will provide 18,230 square meters of commercial space.

Also other recently completed projects are embracing leading technological innovators. An example is the Main Point Pankrác, where companies such as Trask and Dimension Data are already relocated. At the same time, new names can be expected on the Pankrác map with the ongoing development in the area. At the stage of preparation or commencement of construction is a pair of Skanska projects. In the vacant space between the V-Tower residential project and City Green Court, the preparatory work on the Parkview office building has begun and, at the same time, the site for a large complex called Key, is being prepared near the busy street 5. května.

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