Real estate newsFrom the pipeline of Svoboda & Williams

13. November 2017

New Faces at Svoboda & Williams

Svoboda & Williams has recently been joined by Leona Štefková, Antonín Gavenda and Kristýna Tintěrová. All three newcomers have become members of the company’s property management department.

Leona Štefková has become the new Head of Property Management. She has been working in property management for seven years during which she held senior positions in CBRE, Sim Property Group and Impact-Corti. In CBRE, she was the Department Head of Property Management. She has rich experience managing apartment buildings, administrative buildings as well as industrial premises. Leona holds degrees in Business & Law from the University of Economics in Prague as well as in Management of Physical Education and Sport from Charles University. She is fluent in English and has passive knowledge of French.

Antonín Gavenda has been working in property management for 9 years during which he gained rich professional experience in the Czech Republic and Poland. He will take advantage of this experience as the new Head of Facility Management at Svoboda & Williams. Antonín is currently studying Property Valuations at the University of Economics in Prague. He is a fluent speaker of English.

Another new member of the property management department is Kristýna Tintěrová. Kristýna is a graduate of a secondary school of economics and before joining Svoboda & Williams, she worked, among others, for Prague Filters & Papers, Yacht and LBCE. Apart from her native Czech, she also speaks English. 

New Faces at Svoboda & Williams

07. November 2017

Cyril Dejanovski: Prague is Not a "Doughnut City"

Tuesday, November 7 saw representatives of both the private and public sector take part in the Housing & Business in the Center of Prague roundtable discussion. Among the speakers participating in this discussion, which took place at the Myslbek building, was Cyril Dejanovski, the Business Director at Svoboda & Williams.

In his presentation, Dejanovski questioned the view that significant numbers of Prague residents have been moving out of the city center into more peripheral city locations. Prague – unlike many Western cities – therefore cannot be characterized as a “doughnut city”. Dejanovski emphasized that we in fact are currently witnessing the opposite trend, namely that better-off people are interested in living in the city center as they wish to have the city center’s conveniences and rich cultural, social and culinary scene at hand.

The increased demand for housing in the city center creates strong upward pressure on property prices and the rents in this location. The prices of apartments have been growing here, according to Dejanovski, by 10 to 15% p.a. in the last 18 months, the rental increase has been even more dramatic, reaching 20% p.a. when it comes to new builds and newly finished renovations. Dejanovski explained that the growth of rents in the broader center of Prague results from an increased demand for rental housing among young Czechs, members of the millennial generation. Unlike their parents, millennials are less focused on ownership and thus usually prefer rental housing. At the same time, their lifestyle demands predetermine that they live in the broader center of Prague.

Cyril Dejanovski: Prague is Not a "Doughnut City"

19. October 2017

Cyril Dejanovski Speaks at the Real Estate Market > Autumn 2017 International Conference

Cyril Dejanovski, the business director of Svoboda & Williams, was part of the Prague: Paralyzed Development? discussion panel at the international Real Estate Market > Autumn 2017 conference, organized by the Stavební fórum magazine. In his talk, he emphasized that sensitive renovations of historic buildings in the center of Prague are currently trending in real estate development.

The move to renovations, is a reaction on the side of the real estate developers to lengthy and overly complicated approval processes for new construction as well as to the problems accompanying the creation of the Prague Metropolitan plan. In his talk, Dejanovski further stressed that – in connection with a growing interest from Czechs in rental housing and the rapid growth of rents of apartments in Prague – developers have been paying increasingly more attention to rental projects (see e.g. the Krkonošská 14 or Břetislavka projects).

The 16th annual Real Estate Market conference happened at the Center of Architecture and City Planning (CAMP) in the building of IPR (Prague Institute of Planning and Development). The conference featured a total of 4 panels, which covered the topics of brownfields in Prague, current trends in office leasing, the Metropolitan Plan, the issue of rental housing and others.

Real Estate Market Conference | Cyril Dejanovski

16. October 2017

Svoboda & Williams Appointed as Exclusive Agent for Leasing VIG FUND Office Premises in Prague

VIG FUND, a.s., part of Vienna Insurance Group has selected Svoboda & Williams as their exclusive leasing agent for the office space in the office buildings from their portfolio in Prague. The portfolio comprises of Havlíčkova Plaza, Burzovní Palác and the Revoluční 1&3 buildings.

The buildings from VIG FUND’s portfolio offer attractive office premises for lease, situated in prominent and renowned locations of Prague’s city center, namely in the vicinity of náměstí Republiky, one of the city's main business hubs. With their concept and layout (units up to 600 sq. m.), the office premises in these buildings perfectly meet the needs of smaller as well as local companies and allow for flexibility. Furthermore, the Havlíčkova Plaza building recently underwent a complete renovation and in Burzovní Palác the garages and elevators were upgraded and HVAC improvements are in progress.

"We are pleased that VIG FUND has engaged us to lease the office units from their portfolio in Prague", says Zuzana Virbová from Svoboda & Williams, commenting on the new cooperation. “We are the best in the market when it comes to serving smaller companies looking for modern, strategically situated office space. Our success is due to efficient, precisely targeted marketing and our ability to quickly and flexibly address tenants’ needs", adds Zuzana Virbová.

Burzovní palác | Svoboda & Williams | Offices for Lease

24. September 2017

CZK 183 900 Raised in SVOBODA & WILLIAMS CUP 2017 Tournament to Support the Tereza Maxová Foundation

On Saturday, September 23, the 5th annual charity futsal tournament, SVOBODA & WILLIAMS CUP took place at the Aréna Sparta – Podvinný mlýn in Libeň. Altogether 12 teams representing companies from the world of real estate and banking fought to win the Svoboda & Williams challenge cup. Thanks to scoring two goals in the final the bpd development team was the lucky winner. The amount of CZK 183 900 raised during the tournament will support the Tereza Maxová Foundation. The amount was symbolically handed over to Terezie Sverdlinová, the director of the foundation, and Renata Langmannová, the ambassador of the TERIBEAR project.

The participants of this year’s SVOBODA & WILLIAMS CUP were teams representing Accolade – Panattoni, bpd development, CBRE, Colliers International, CPI Property Group, CTP Invest, Cushman & Wakefield, Československá obchodní banka, Jones Lang LaSalle, Knight Frank, Sentient and the organizing Svoboda & Williams. The Svoboda & Williams challenge cup went to the bpd development team which beat the CPI Property Group team in the tournament's final. The bronze medal went to the Jones Lang LaSalle team. The best player of the tournament award went to Miroslav Koutenský from the bpd development team, while Jiří Žáček from the Svoboda & Williams team received the best goalkeeper of the tournament award.

Thanks to the voluntary contributions of the participating companies and the profit from the sale of the charity raffle tickets, this year’s SVOBODA & WILLIAMS CUP gathered the record amount of CZK 183 900, exceeeding the yield of last year’s tournament by almost CZK 40 000. The whole amount will go to the account of the Tereza Maxová Foundation, which helps disadvantaged and abandoned children, aiming to enable them to lead a healthy and safe life in a family environment.

The organizers managed to create a pleasant and welcoming event for the whole family. Fun activities for children during the tournament were provided by Pididomek, a family-style kindergarten and nursery (with an extended English lesson plan). Fans and players alike could enjoy refreshments provided by Prague Catering and take part in a charity raffle with valuable prizes, including two vouchers from Invelt for renting a car for a weekend (amounting to CZK 7500), and two vouchers for accommodation in PRAGUE STAY apartments.

The raffle prizes and prizes for awarded teams and individuals were kindly donated by sponsors of the tournament. Invelt, La femme MiMiRabbit GuidesCacao PragueSalon Petra MěchurováProsek Bobsleigh Track, TERIBEAR, La Cave D’AdrienChefparadeKLENOTA, KusKovu GalleryBrierley Bags100CLASS concept storeFOX GalleryBARBERLANDLázně PramenKino Pilotů, Virtual Room (VR pokojíček), BodyID, Zámek Dobříš, Gourmet services, Kalina Cuisine & VinsAtelier Kalina and PRAGUE STAY.

COMPLETE RESULTS

SVOBODA & WILLIAMS CUP 2017

20. September 2017

Svoboda & Williams Exclusively Offers Apartments in Krkonošská 14 Residence

The Svoboda & Williams real estate company has received exclusive instruction to mediate the leasing of units in the Krkonošská 14 residence. Consisting of a total of 9 luxurious apartments and 2 retail units, this charming Art Nouveau building is set in the most appealing neighborhood of Vinohrady.

The Krkonošská 14 residence results from a complete renovation of an Art Nouveau building, realized according to the design concept of a prominent architectural studio. The structure stands on a tranquil, tree-lined street in the attractive city quarter of Vinohrady, just a few steps from the Jiřího z Poděbrad Square. Offering 9 premium apartments with comfortable layouts and balconies that face a peaceful, well-kept garden, this project establishes a new definition of luxurious rental living. All this in a residence with an original, thoroughly restored facade, elevator and attractive common area which – just like the majority of the apartment interiors – boast a sophisticated interplay between the original Art Nouveau motifs and contemporary design.

The future residents will enjoy luxurious apartments that overlook a lovely green courtyard and boast air-conditioning, floor heating and top-quality fittings. Moreover, the Krkonošská 14 project features two ground-floor retail units with direct street access. The building is situated within reach of the sought after Riegrovy Sady Park and Jiřího z Poděbrad Square, in a location that offers a multifarious cultural and culinary scene, and excellent access to the city center.

Official website of the Krkonošská 14 project. 

Krkonošská 14 | Svoboda & Williams | Interior

15. September 2017

Cyril Dejanovski at CEDEM 2017 Conference: Flexible Offices Are In Demand

Cyril Dejanovski, the business director of the Svoboda & Williams real estate company, took part in a panel discussion at the CEDEM 2017 international real estate summit. In his contribution, he discussed recent trends in the commercial leasing segment, emphasizing the increasing demand for offices with flexible lease terms and co-working centers.

The growing demand for this type of office space is, according to Dejanovski, generated by start-ups and smaller companies that plan to quickly expand and wish to avoid long-term commitments associated with leasing regular offices. Svoboda & Williams meets this type of demand by offering serviced offices with flexible lease terms, situated in the most lucrative parts of Prague and Brno.

Another significant trend Dejanovski mentioned is the effort of many companies – mainly in the IT sector – to offer their employees an office which is more than just a place of work. Such offices typically feature entertainment (billiards, ping-pong table, etc.), a fitness center, smart technology, a bistro, and a company nursery. In this time of record-low unemployment rates, this is how some companies hope to keep their employees and attract new ones.

This year's CEDEM conference took place on September 14th at the Prague Marriott Hotel and offered a total of six panel discussions on current real estate topics. 

Cyril Dejanovski | Svoboda & Williams

13. September 2017

Svoboda & Williams Mediates Lease of 1 300 sq.m. of Commercial Space in the Butterfly Building

The Svoboda & Williams real estate company recently mediated the lease of 1300 sq. m. of commercial space in the brand-new Butterfly administrative complex, located in the Prague quarter of Karlín. The future lessee is the Kulina Company, which operates an online store with premium kitchen & dining equipment.

Kulina is about to lease 1 062 sq. m. of office space and a showroom of 219 sq. m. in the Butterfly building, whose construction is currently being completed. It was the possibility of having a showroom in the same building as its offices which was the key criterion behind Kulina’s choice of Butterfly. "There was a number of administrative buildings under consideration, and, in the beginning, Kulina was leaning towards the location of Prague 1. On the basis of our detailed analysis of the company’s needs we recommended the client the space in the Butterfly building as optimum. We were glad that the company eventually opted for the proposed solution. The main decision was based on the fact that Butterfly is a cutting-edge building with a showroom space and, moreover, meets the company's demands regarding the possibility of an expansion, parking, the quality of facilities and transport accessibility," says Jiří Čadek from Svoboda & Williams, commenting on the transaction.

The Butterfly office building, developed by AFI Europe, offers a total of 22 990 sq. m. of class-A office space in an attractive part of Karlín, just a few steps from a metro station and several tram lines. The unique architecture of the complex was authored by David Chisholm from the CMC Architects studio. Embodying the concept of sustainable offices, the building is aiming for the BREEAM Excellent certification.

More info about the Butterfly building 

Butterfly | Karlín | Svoboda & Williams

13. September 2017

Construction of the Truhlárna Residential Project Successfully Continues

Construction work on the Turhlárna project, situated in the most charming setting of the former Tejnka village, in the historic neighborhood of Břevnov (Prague 6), successfully proceeds. Implemented by T.E Development, this unique residential complex consists of four premium houses. The exclusive seller of the units in the project is the Svoboda & Williams real estate company.

Currently construction work on the frame skeleton of the complex, namely on the second floor (of a total of four), is under way. The rough construction of the project will be completed in a few weeks’ time. Sophisticatedly blending the historicist street facade and the modern conception of the southern side, the Truhlárna complex was designed by the Under-Construction Architects studio. The project will feature four luxuriously realised houses with rooftop terraces and underground parking. Moreover, each house will include its own lift and a private garden with a unique design by the renowned studio, Atelier Flera. The houses are for sale at the "white walls" stage with a complete interior design concept from the London atelier Jestico + Whiles included in the purchase price. An exception is one house which is for sale finished, embodying this studio’s design concept.

The Truhlárna project offers cutting-edge comfort of luxurious living in the gorgeous historic center of old Břevnov, within comfortable walking distance of the Castle District (Hradčany) and the Prague Castle itself. The complex is sensitively set into the protected city district of Tejnka, which boasts a romantic atmosphere and an abundance of green areas. The future residents will benefit from a wide range of amenities, plentiful areas for relaxation and sports (e. g. the nearby Ladronka Park), and quick access to the city center and the international airport.

Scheduled date of completion: Q4 2017.

More information about the Truhlárna project 

Truhlárna | houses in Prague 6 | Svoboda & Williams

07. September 2017

Svoboda & Williams Becomes Exclusive Affiliate of Christie’s International Real Estate for the Czech Republic & Slovakia

Christie’s International Real Estate, the world’s leading luxury real estate network, has selected Svoboda & Williams to become its exclusive Affiliate for the Czech Republic and Slovakia. The invitation-only Affiliate network is composed of the world’s top real estate companies focusing on the premium segment and is currently active in 46 countries worldwide. Christie’s International Real Estate is supported by the famous London fine arts auction house which recently celebrated its 250th anniversary.

The affiliation with Christie’s International Real Estate will enable Svoboda & Williams to market select properties from its portfolio across the globe, under the banner of a world-renowned prestigious brand. In this way, Svoboda & Williams aims to meet the growing demand from foreign buyers of premium residential properties in the Czech Republic and Slovakia. Moreover, the affiliation can also benefit Czechs and Slovaks who aim to buy attractive real estate abroad. “We are witnessing that local investors are interested in properties abroad and thanks to our affiliation with Christie’s International Real Estate, we will be able to offer them access to premium properties all around the world together with best-in-class service,” says Cyril Dejanovski, Business Director at Svoboda & Williams.

“Svoboda & Williams is an outstanding addition to our Affiliate network,” said Dan Conn, CEO of Christie’s International Real Estate. “We are excited to expand our international presence in such an important European cultural centre and we welcome the opportunity to support local real estate buyers who wish to grow their property portfolios further abroad.”

Christie’s International Real Estate has common ownership with Christie’s, the world’s leading art business. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. The firm had global auction, private and digital sales in first half of 2017 that totalled £2.35 billion / US$3 billion. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

The real estate arm of the fine art auction house, Christie’s International Real Estate has offices in London, New York, Hong Kong, Moscow, Los Angeles, and Palm Beach, and approximately 135 affiliated brokerages in 46 countries. In 2016, the Affiliate network sold more than USD 115 billion of real estate worldwide.

Christie's International Real Estate | Svoboda & Williams

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