Erste Group Immorent to develop Enterprise Office Center in Prague (CZ)

Erste Group Immorent announces it will be developing the Enterprise Office Center in Prague, comprising 29,069 m² of class-A office space on 11 floors and 2,622 m² on the ground floor for services for tenants. Office Center will be developed in Prague’s 4th district which benefits from excellent public infrastructure and is therefore one of the most popular business districts with a vacancy rate of only 6%. 

The Czech antivirus software provider AVAST will be the first tenant to establish its headquarters in the office center, renting approximately one third (11,108 m²) of the total space once the building is completed in 2015.

“Erste Group Immorent has developed more than 130,000 m² of office space in Prague and so a state-of-the-art project such as Enterprise Office Center is a perfect fit for our portfolio and expertise. We are also proud to welcome AVAST, our first tenant and an international success story homegrown in the Czech Republic. This proves both the strength of CEE, as a region with highly innovative and entrepreneurial people as well as our ability to provide high-quality real estate services for our customers and their expanding businesses,” says Tomas Veleminsky, Managing Director of Erste Group Immorent ČR.

Source: Erste Group Immorent

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