According to the international real estate advisory, BNP Paribas Real Estate, there are 61 coworking centres in Czech Republic, 26 are situated in Prague. Total size of the centres currently in operation stands at 19,000 sq m. In addition, BNP Paribas Real Estate records 18,000 sq m of serviced offices.
“In Czech Republic, in Prague most of the coworking concepts are situated in the city centre, followed by Prague 5 and Prague 2. Moreover, coworking centres are being opened in other cities and not just the large regional capitals but cities like Příbram, Nový Jičín, Chomutov, Teplice či Přerov,” lists Lenka Šindelářová MRICS, Head of Research & Consultancy at BNP Paribas Real Estate Czech Republic.
Dynamic growth of this sector is demonstrated by the entry of some large international chains to the Czech office market. BusinessLink will open its new centre in Visionary building in Prague 7 by the end of this year. HubHub will start operation of its 2,000 sq m centre in Na Příkopě street and open a second centre by the end of the year. International Workspace Group (IWG - holding company of Regus, Spaces and other coworking brands) will be opening this year in Albatros Building Prague 1 on 3,500 sq m. Also, operators already present locally are expanding. Impact Hub has recently opened a branch in Brno on 3,400 sq m the largest in its European network. Last year Node5, another of operators, made coworking space available in Ústí nad Labem with a total size of 750 sq. m. In the remainder of this year 13,000 sq m of coworking centres will be opened, representing a 65% year on year increase.
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