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News Release

Prague

Cisco and Elli Lilly stay in Oasis Florenc


​Prague, 23 January 2014 – The multifunctional development - Oasis Florenc, is seen as one of the most successful office schemes in Prague. This reputation has been proven by the recent  prolongations of its existing tenants, transacted by Jones Lang LaSalle´s Office Agency team.


Cisco Systems, the leading provider in new ways of networking, and Eli Lilly, one of the world’s leading pharmaceutical companies, have extended their leases of 800 sqm and 1,500 sqm of office space at Oasis Florenc.


Josef Krautman, Senior Consultant of Jones Lang LaSalle, comments: “Prague’s office market in general is very difficult these days due to the fact that it is a tenant’s market. Moreover, Prague 8 is a very particular submarket where competition is more intense than in any other district. Therefore, we are delighted that we were able to meet the clients expectations, providing them with tailor-made  commercial conditions fitting the tenants’ needs. The combination of excellent location, high standards and modern technologies, efficiency and superb services within the development, were appreciated by both tenants, finding them their own 'oasis' within the periphery of the city centre.“


About Oasis Florenc
Oasis Florenc is a modern multifunctional development in the city centre. The building is easily accessible by metro, with the Florenc station being located in front of the property. Buses and trams also provide direct access to and from the building. At ground level, retail accommodation compliments the development and provides office tenants with an array of amenity shopping, including a supermarket and a wide range of services. Oasis Florenc is owned by Aviva and is managed by SachsenFonds. Jones Lang LaSalle is the exclusive leasing agent.