CZECH REPUBLIC A total of 6,700 sqm of office and retail space has recently been leased in the Charles Square Center building on Karlovo náměstí in Prague 2.
Almost 4,200 sqm of this total is due to a renewal and extension by tobacco giant Philip Morris, adding 600 sqm to the space it occupies.
Among other leases, Raiffeisenbank has also renewed its almost 1,000 sqm tenancy.
The building is now 96 pct leased to 32 tenants. It comprises 14,000 sqm of offices and 4,600 sqm of retail space.
Charles Square Center was completed in 2002 by GE Capital Golub, according to a design by Lohan Caprile Goettsch of Chicago and Liberec-based studio SIAL.
The property has been owned by Commerz Real’s open-ended real estate fund HausInvest since 2007 and was extensively refurbished in 2014 to a design by German studio Vanderlicht. It is BREEAM certified.
