15. September 2021
One of the most significant residential projects, the Nové Lauby apartment complex, is currently under construction in the center of Ostrava. Its aim is to continue the development of rental housing and revitalize Ostrava's historic core. This unique project is the result of the city's cooperation with the investor—Sdružení BBB Nové Lauby. Once completed, it will offer units for rent as well as for sale. The apartments that will be retained by the investor will be sold exclusively by the Svoboda & Williams real estate agency.
The city began preparing the Nové Lauby project in 2016. This March, archeological research on the construction site was completed and the city council signed a contract with the investor, Sdružení BBB Nové Lauby, whose members are the Bystroň Group, BBP Stavby, and the BAK construction company. "The Nové Lauby project provides us with a great opportunity to continue cultivating and developing the historic core of the city. Our experience thus far has made us aware that the demand for quality real estate in Ostrava is growing rapidly. We also see the excellent potential of the local development," states Michal Bystroň on behalf of Sdružení BBB Nové Lauby. "In recent years, Ostrava has embarked on a journey of fundamental change that will result in a modern metropolis full of architecturally unique projects. This is one of the reasons we believe that the apartments in the Nové Lauby project are a rare investment opportunity that has ever been offered before,” adds Eva Prašivková, Senior Property Consultant at Svoboda & Williams.
15. September 2021
The sale of the units in the successful BERLITA residential projects is over. All 61 apartments have found their owners within only ten months since their sale was launched.
"The BERLITA apartment building showed great potential from the very beginning, especially due to the chosen layouts of the various apartments, the quality construction standards, and its location in a pleasant section of central Beroun. We're pleased that our clients appreciated these positive aspects and didn't hesitate to purchase units in this new residential project,” says Jan Mráz, Senior Property Consultant at Svoboda & Williams.
Construction of the BERLITA apartment building is continuing at a brisk pace. Currently, interiors in section A are being plastered, windows are being installed in sections A and B, and the roofs are being insulated. The building's HVAC system is also being installed.
13. September 2021
Three apartments are still available in the already completed and approved Viladům Máj, a boutique apartment building in a quiet location close to the Košíře-Motol Park. One of them has been furnished by an interior designer as a show flat, and so potential buyers can get a better idea of how the airy space can be decorated to create a pleasant atmosphere.
Thanks to its location in a quiet residential development next to the Košíře-Motol Nature Park, Viladům Máj offers both sought-after tranquility as well as quick access to the city center. The residence consists of four two-story three-bedroom garden apartments as large as family houses and two generously apportioned three-bedroom air-conditioned penthouses, each with two private terraces. One of the penthouses has been made into a show flat that showcases a tastefully furnished interior illuminated by large-format windows and offers views of the surrounding trees.
Please contact our office to schedule a viewing of the show flat.
More information about the Viladům Máj project.
07. September 2021
The sale of the houses in the Pálavská brána residential project is officially over. Within ten months since the start of the sale, all fifteen houses have found their owners, who can enjoy living or vacationing in the picturesque South Moravian countryside by the end of the year.
"The location was the biggest deciding factor when it came to the sale of the houses in the Pálavská brána project. Since they can be enjoyed year-round, clients saw them as a good investment opportunity, now multiplied by the growing demand for properties in recreational locations," says Lenka Kjučukovová, Property Consultant at Svoboda & Williams' Brno branch.
The construction of the Pálavská brána houses is now approaching the finish line. Doors and skirting boards are being fitted in the interiors, and the landscaping around the houses is also underway. This will be followed by the last thing to be done: the fences and gates. The houses will then be ready for approval and handover to their new owners.
More about the Pálavská brána residential project.
24. August 2021
Demand for flexible offices has quickly picked up again after the slump caused by the global pandemic. With myhive Flexi Offices, managed by Svoboda & Williams, now fully booked, the growing interest in this segment is hereby confirmed.
"Interest in myhive Flexi Office has been enormous in recent months. We are seeing a higher demand from new clients as well as from existing ones. Some tenants who originally leased an office on a trial basis have now reserved several offices. They like the elegant environment and the comfort offered by the offices's facilities and those of the whole building. They therefore don't have a reason to look for new premises and prefer to grow their business in myhive Flexi Offices," says Marie Kantorová, Office Manager at Offices Unlimited, adding that, due to the flexible lease terms, the situation is rapidly changing. Some spaces in myhive Flexi Offices may become available again in the next few days.
The rise in demand in the flexible office segment is also reflected in CBRE's latest analysis, according to which this concept has a strong potential. The flexible office market had seen significant growth in the 3–4 years prior to the pandemic. Despite the downturn in 2020, things seem to be returning back to normal again.
Complete offer of flexible offices in Offices Unlimited's portfolio.
18. August 2021
The Svoboda & Williams real estate agency has published its 7th Market Report, which summarizes the developments in the Prague premium property market in the first half of the year.
The first half of 2021 at Svoboda & Williams was marked by record-breaking demand for properties and real estate transaction speed. The availability of mortgages, whose total volume reached 224 billion crowns in June, was a major accelerator, as were expectations of the further growth of property prices and the need to secure funds. The total number of inquiries for properties from the portfolio of Svoboda & Williams in the monitored period increased by 27% in the year-on-year comparison. The incredibly strong first quarter of the year, which was the strongest in terms of demand in the last five years, had a major impact.
Along with the rising demand, the average achieved price of premium properties also increased: on average, clients of Svoboda & Williams paid CZK 134,200 per square meter for new builds and CZK 128,800 per square meter for resales. There was also a slight turnaround in the premium rental housing segment in Prague. According to the Rental Price Index by S&W + VŠE, it grew by 0.3% up to an average of CZK 32,600 per month.
Market Report H1 2021 focuses, among other things, on:
- the development of premium residential property prices in Prague;
- unprecedented interest in mortgages and its possible impacts;
- developments in the Prague residential rental market;
- the situation in Prague’s office market;
- recreational properties in the past and present.
The analyses in the Market Report are based on sales and rental transactions generated by Svoboda & Williams’ activities, to which are added data on real estate sales obtained from the Land Registry that correspond to the parameters of the monitored sample. The Market Report works exclusively with data based on actually achieved prices, the calculation of which includes the price for parking spaces and a proportion of the exterior. To recalculate the exterior area, this methodology uses a specially developed algorithm that progressively reduces the exterior area while also taking into account its ratio to the interior area.
Another useful tool for a more accurate interpretation of the development of the rental market is the Rental Price Index by S&W + VŠE, an analytical instrument developed by Svoboda & Williams in cooperation with the Faculty of Informatics and Statistics of the University of Economics in Prague. The data used in this index are the actually achieved rents of apartments listed by Svoboda & Williams and so it illustrates the impact that the absence of tourism had on rental prices in Prague.
Svoboda & Williams Market Report | H1 2021 download (pdf)
Read previously published Market Reports.
Print version of Market Report H2 2021 (pdf)
16. August 2021
The Svoboda & Williams real estate agency welcomed many new faces this summer. The residential rentals, sales, marketing, and property management teams all acquired new colleagues.
In June, three new Letting Representatives were welcomed by the residential rentals team. Veronika Tykalová is currently studying tourism management at the University College of Business in Prague. Her work experience in the tourism industry includes a stint at the Emirates company and she lived in Dubai for two years. Veronika is fluent in English. Adam Bergmann received his master’s degree in public administration and regional development from the Czech University of Life Sciences and also worked in IT as a sales representative. He speaks English fluently and Russian at the basic level. In his free time, Adam enjoys scuba diving, floorball, and dance. Nicole Ebnerová is currently a student of marketing communication at the College of Business and Law and is also taking interior design classes. She speaks English, Russian, French, and beginner Arabic.
During the month of July, Michaela Prchalová and Kryštof Kovanda joined separate residential sales teams as Sales Representatives. Michaela, who studied acting at the Prague Conservatory, returned to Svoboda & Williams after a two-year break during which she worked for a construction company and in a marketing agency as an Account Executive. She speaks English proficiently. Kryštof has a degree in economics and management from the Czech Technical University and wrote his master’s thesis on the development of the housing market in Prague. He previously worked as a sales team leader in the energy sector. Kryštof is fluent in English and has working knowledge of German.
Zuzana Vemeová joined the marketing team in July as Senior Graphic Designer. She earned her master’s degree in graphic design at the Technical University of Košice and has worked as an art director in several creative agencies and also as a freelancer. Zuzana also designed the brand identity of the Formafatal architectural studio. She speaks English fluently and has good working knowledge of German as well as French, due to a semester spent in Paris.
The property management team welcomed Šárka Burianová, who is now its newest Property Manager. She is currently completing her master’s degree in tourism management at the University College of Business in Prague and holds an MBA specializing in real estate. Šárka first worked in the state administration, where she helped implement the eRecept system of electronic prescriptions. She then began working in real estate as a manager of the Prague Aparthotel and 65 other apartments and recently held jobs in property management and real estate consulting for expats and students. Šárka speaks English fluently.
New reception desk staff were also hired in June, both in the Na Perštýně office and at Offices Unlimited. Starting in September, Elen Grigoryan will be studying business management at the Faculty of International Relations of the University of Economics. She previously worked in administration and speaks Czech, Russian, English, Armenian, and German. Adéla Drozdová will begin studying marketing and brand management at Newton University in Prague in September. She speaks both English and German fluently. Adéla Franclová now works at the Na Příkopě 15 front desk. She graduated from the English College in Prague, where she focused on translation and interpretation and is currently studying aviation operations at the University College of Business. Adéla speaks both English and Spanish.
10. August 2021
During the summer, work on the Fragment residential project made great strides. Construction work has now reached the fifth floor, and so it’s now possible to visualize in far better detail how the building will look once it will be finished. Along with the development on the site, the final form of the sculptures is also beginning to take shape.
As part of the work on the monolithic structure, ceilings and walls from the third to fifth floors were poured and lined. The sculptures are also moving forward—discussions are currently underway between Trigema, Qarta, and David Černý over their final form and placement. Plans for the landscaping around the building are also being finalized. A pleasant backdrop of greenery will be created.
Upon completion, which is scheduled for the fall of 2022, Fragment will offer 140 premium, fully furnished apartments for rent. Rough construction of the building will be finished at the end of the year and the sculptures will be added to the site in June of next year. The Trigema group is the project’s investor, developer, and builder.
More information about the Fragment project.
04. August 2021
The Svoboda & Williams real estate agency is now the partner of the Srdce Poohří Environmental Institute for the Study, Protection, and Promotion of Biodiversity, which was founded by the Zamenis association. The Institute was established in Osvinov, a village situated on the border of the Krušné a Doupovské mountains.
One of the most important areas in the Podkrušnohorské region is the valley of the Ohře River, which flows through the town of Stráž nad Ohří. Both banks of the river fall under the Doupovské Hory Site of Community Importance, and the extensive Stráž nad Ohří Nature Park, which preserves the character of the local landscape, is also located here. Distinctive basalt hills and a diverse fauna and flora are the hallmarks of the region. Since the 1980s, experts have been advocating for the preservation of its natural environment by creating a protected landscape area. Their efforts continue to this day, and many rare plant and animal species are thriving, such as the Aesculapian snake, the black stork, the Eurasian eagle-owl, the Peregrine falcon, the edible dormouse, the fire salamander, Carabus irregularis, Arum maculatum, or the elder-flowered orchid.
In appreciation of these efforts, Svoboda & Williams decided to support the creation of the Srdce Poohří Environmental Institute for the Study, Protection, and Promotion of Biodiversity, which will operate under the auspices of the Zamenis association. The Institute’s goals include, first and foremost, protecting endangered species and nurturing important habitats in the Střední Poohří region, organizing educational programs, workshops, and cultural events related to environmental awareness, collecting and evaluating data to further existing findings about animals and plants, regularly participating in administrative proceedings to eliminate negative impacts on rare species, or collaborating with other entities active in nature conservation at home and abroad. The Institute is also working towards the establishment of the Střední Poohří/Doupovské Hory Protected Landscape Area.
The Zamenis association has long been involved in efforts to preserve the environment around Stráž nad Ohří, focusing especially on the Zamenis longissimus snake. The only isolated original population of this snake species in the Czech Republic is found in this region.
04. August 2021
Even at a time when construction projects often have to slow down due to the rising price of construction materials, building work on the Karlín Dva domy multifunctional project is in full swing. Currently, the last residential units and two commercial premises on the Křižíkova Street level are still available, and Svoboda & Williams has been charged with their sale.
“It’s very important for us that construction of the Dva domy project is on schedule. Right now, we are pouring the concrete walls of the third above-ground floor, while at the same time installing the technical structure,” says Jan Ludvík, managing partner of Karlín Group, the company that is behind the successful project.
The Dva domy building is the last piece in the mosaic that is Karlín Group’s portfolio of projects, which have gradually transformed Karlín into a progressive, vibrant district full of architectural landmarks. Following the example of the company’s previous buildings, Dva domy was designed by the renowned Bevk Perović Arhitekti studio. Thanks to the boulevard that will connect Křižíkova and Pernerova streets, the project will have a neighborhood planning dimension.
The two commercial premises will have large-format display windows that will connect them to Křižíkova Street and a newly emerging park will be accessible from their south-facing side. The planned date of completion is in fall 2022.
More information on the commercial premises in the Dva domy project.