MPO will announce a tender for the exchange of 13 buildings in Prague

Prague - The Ministry of Industry and Trade will announce a public tender in the second half of this year for the replacement of its 13 buildings in Prague with a new administrative headquarters on the outskirts of the capital. The list of buildings was published today by the Ministry on its website www.mpo.cz. The new office complex is expected to gather around 1,600 officials from subordinate organizations of the Ministry. Among the properties offered for replacement are houses in the center of Prague. The Ministry expects that the state will profit from the exchange of properties.
    "The Ministry wants to acquire new administrative spaces for its subordinate organizations by exchanging their existing buildings in one package, combined with a payment to the state budget," stated the Ministry. Employees from the Czech Trade Inspection, CzechInvest, the Industrial Property Office, and the Assay Office are to be relocated.
    The 13 offered properties have an area of approximately 67,000 square meters. The Ministry estimates that the exchange of buildings and the concentration of officials under one roof will save its subordinate organizations tens of millions of crowns. "A public tender for the project bolt lightning will be announced in the second half of this year," the Ministry's report states.
    Many companies and state institutions have previously moved from buildings in the center of Prague to new spaces further from the city center. The new headquarters are usually located near metro stations or transport arteries. The Ministry also requires that the new headquarters for officials be in a well-accessible area on the outskirts of Prague.
    According to experts, the consolidation of employees at one address is among the most common reasons why companies decide to change their headquarters, along with saving additional costs. Among the most well-known cases where a company had a new headquarters built for itself is ČSOB. The bank sold buildings in the center of Prague for 3.2 billion crowns and the new headquarters, built by Skanska in Prague's Radlice, cost it 2.7 billion crowns. It moved in last April.
    In addition to the Ministry, the Ministry of Health is also selling properties, offering spa houses and castles. The Ministry of the Interior is also proceeding similarly, intending to gain several hundred million crowns through the sale of unnecessary assets this year.