CA Immo leases 1,000 sqm in Missouri Park office project, Prague
- International company BATIST MEDICAL HOLDING signed pre-lease contract in Missouri Park
- Mississippi House and Missouri Park development project around 40% pre-let 6 month before completion
- WELL and LEED Platinum certifications affirm extraordinary building quality
CA Immo has signed a lease with the international company BATIST Medical Holding for 1,000 sqm in Missouri Park office building which is currently under construction. Due to the unique location in Karlín - Prague 8 and the high-quality fittings of the building, a record top rent was achieved. With this new lease signed, around 40% of the total office space of the Mississippi House and Missouri Park development project has been pre-let 6 months before its planned completion. CA Immo started the construction of the two premium office properties in the River City Prague complex in September 2019, completion is planned for summer 2021. Both buildings combined will offer a total of 20,750 sqm of leasable space (13,380 sqm in Mississippi House and 7,370 sqm in Missouri Park) in the sought-after Karlín district of Prague. The investment volume totals around € 65 m.
To ensure the highest quality standards, CA Immo has initiated a WELL Core & Shell certification process (Platinum level) for both office projects. WELL Building StandardTM (WELL) is an internationally recognised standard for advancing health and well-being in buildings. Both buildings will also conform to the highest sustainability standards according to LEED Platinum level.
BATIST Medical is a Czech company and provides high-quality medical hygiene and dressing articles on the European market with branches in the Czech Republic, Slovakia, Poland, Germany, and recently also in Portugal & Spain.
Václav Jonáš, Head of CA Immo in Prague: “Batist Medical is the ideal tenant for Missouri Park. This building targets highly innovative, forward-looking and environmentally responsible companies who want to offer their employees a healthy, modern and attractive office environment. In addition to exceptional architecture and landscaping on the Vltava riverbank, Missouri Park as well as the entire River City Prague office campus offer a high quality of life in Karlín, Prague´s most popular submarket.”
Tomáš Mertlík, CEO and owner of Batist Medical: “Missouri Park office building is an ideal space for us as it follows our company philosophy focused on innovation, sustainability and concern for the environment. It is why we decided to set up our new European headquarters of BATIST Medical Holding here. Our goal is to support our employees in leading a healthy lifestyle, and it was another reason why we have chosen this particular Prague location and this unique building”.
Mississippi House and Missouri Park will complete CA Immo´s attractive River City Prague office complex, which currently comprises three high quality, class A office buildings (Amazon Court, Nile House and Danube House). Designed by Danish architectural studio Schmidt Hammer Lassen, both new buildings will complement the high architectural standards of the ensemble. River City Pragueis located close to the city centre and right by the Vltava River in the sought-after Karlín district of Prague.
Mississippi House and MissouriPark will each have eight floors and two underground parking levels providing a total of 230 parking spaces. Bicycle parking spaces and showers are also planned. Among other things, the architectural concept includes landscaped terrace loggias, light-filled, flexibly usable office space and impressive entrance areas. The expected average annual energy consumption of the buildings will be about 50% below the energy standard for new buildings according to Czech energy performance requirements. This exceptional high energy efficiency and eco-friendly design is ensured, amongst other things, by intelligent circadian lighting, monitoring of carbon emissions, geothermal heat pumps as well as waste recycling and rainwater harvesting. The quality of the site is also exceptional: the location right by the Vltava River with a view of Prague Castle, surrounded by green spaces and a quiet pedestrian zone, is unique. Restaurants, cafés and easy access to the network of bicycle paths and footpaths along the river bank further enhance the project´s attractiveness. The Karlín district of Prague is a fast growing, established business district with excellent infrastructure and connectivity. For further information, please visit: www.mississippihouse.cz; www.missouripark.cz
CA Immo in Czech Republic
The Czech asset portfolio consists of five office buildings in Prague, including the three River City Prague properties Danube House, Amazon Court and Nile House, Kavčí Hory Office Park as well as the Visionary office building.The book value of the Czech investment portfolio, comprising around 130,000 sqm rentable area, is approx. € 385 m (around 8% of total CA Immo portfolio by book value). The occupancy rate of the Czech portfolio was 97% as at 30 September 2020. All CA Immo office buildings in Prague have been awarded LEED or DGNB sustainability certification.
Images of the building can be found in the image archive in the Press section at www.caimmo.com with the keyword “Missouri Park” or downloaded via this link.