Václav Jonáš, Managing Director of CA Immo Prague, comments: “Our commitment to developing River City Prague as a sustainable, innovative and healthy office campus with a high quality of stay and attractive services is meeting with very good tenant demand. This confirms our claim to offer office space that is significantly "better than home" and where people love to work. Against the backdrop of hybrid working, demographic changes and the ongoing shortage of skilled workers, we see that companies increasingly see high-quality office space as a value and an important component of their business model. In our view, the future of the office clearly lies in the premium segment.”
What is truly unique about the new Mississippi House and Missouri Park office buildings is the fusion of the modern office environment with the riverside nature, promenade, community park and numerous recreational opportunities. At Missouri Park, two new lease agreements have been signed, covering a total area of approximately 3,900 sqm. The tenants in the new buildings include the international consulting company ADASTRA, a cybersecurity software company SentinelOne, the leading global transactional law firm Allen & Overy and international law firm Bird&Bird, Europe’s largest price comparison website, and online shopping advisor Heureka or the leading global healthcare company Novo Nordisk. Mississippi House and Missouri Park’s modern office space is now 100% leased, mostly by companies from IT, the pharmaceutical sector and professional services (consultancies). The largest leasing transactions finalized by CA Immo in Prague this year so far are two new lease agreements covering around 5,700 sqm of office space in Nile House.
Both Mississippi House and Missouri Park achieved the highest sustainability standards with LEED platinum. Further, Mississippi House and Missouri Park are targeting WELL Platinum and WELL Health & Safety ratings for maximum tenant comfort. CA Immo’s office building Nile House recently achieved GOLD in the new version (4.1) LEED EB:OM green building certification. All three buildings are part of the River City Prague campus in the sought-after Karlín district, consisting of 5 buildings and offering 85,000 sqm of Class-A office space.
CA Immo in Prague
Prague is one of CA Immo’s long-standing core markets. The Czech portfolio consists of seven office buildings, including the five River City Prague properties (Prague 8 – Karlín) with Danube House, Amazon Court, Nile House and its latest additions Mississippi House and Missouri Park, as well as Kavčí Hory Office Park (Prague 4 – Pankrác) and the Visionary office building (Prague 7 – Holešovice). The book value of the Czech investment portfolio, comprising around 170,000 sqm rentable area, is approximately €470 m (around 7% of the total CA Immo portfolio by book value). All CA Immo office buildings in Prague have been awarded a LEED or DGNB sustainability certification.
For more information about the Czech portfolio please visit:
About CA Immo
CA Immo is an investor, manager, and developer specialized in modern office properties across the gateway cities in Germany, Austria, and Central Europe. The company covers the entire value chain in the field of commercial real estate including a high degree of in-house construction expertise. Founded in 1987, CA Immo is listed on the ATX index of the Vienna Stock Exchange and holds property assets worth around € 6.4 bn in Germany, Austria, and CEE.
For further questions please contact:
CA Immobilien Anlagen AG
Mag. Susanne Steinböck
Group Head of Corporate Communications and Sustainability
Phone: +43 (0)1 532 59 07 533
CA Immo Real Estate Management Czech Republic s.r.o.