14. October 2021
The Svoboda & Williams real estate agency has been exclusively instructed to broker the lease of offices in an architecturally unique building: the Julius Kraus villa, situated in Bubeneč’s diplomatic quarter on Na Zátorce Street.
Built at the beginning of the 20th century, the elegant Julius Kraus villa was designed by the eminent Art Nouveau and Cubist architect Emil Králíček. Showcasing a large number of decorative ornaments both within and without, its street-facing façade is decked with a pair of polygonal buttresses and colorful sgraffiti in a floral pattern designed by sculptor Antonín Waigant, all crowned by a mansard roof. Inside, the impressive staircase hall with a ceiling with refined moulding is lined with wooden coffered panelling, while also illuminated by windows with geometric ornaments.
The three-story villa offers a total of 902 sq. m. of air-conditioned office space, including two meeting rooms, three kitchenettes, a sufficient number of toilets, storage space, and a reception. Thanks to large-format windows and bay windows, the individual offices are bright and airy and have pleasant views of the private garden full of mature trees. Nine parking spaces are part of the property. “Due to its prestigious location and unique architecture, the Julius Kraus villa offers excellent office space for a creative agency, embassy, architectural studio, or any company that wants to be based in its own building with a garden and an elegant and inspiring atmosphere,” says Sylva Turinská from Svoboda & Williams’ commercial leasing team.
More about the Julius Kraus villa.
11. October 2021
The rough construction of the Fragment residential project is continuing according to schedule. The reinforced concrete structure has now reached the sixth floor and the fragmented look of its repeating blocks is gradually being revealed. Up to now, it could only be seen in the project’s visualizations.
“An important element that we have been following very closely in recent weeks is the construction of the residential bridge that will connect the two wings of the building at the point in which they turn away from each other. This is a major challenge in terms of structural engineering, but it allows us to create apartments with truly unique interiors,” says Marcel Soural, chairman of the board of Trigema.
At the beginning of October, work began on the HVAC system and drywall partitions, and so the layouts of the individual apartments are starting to take shape. The relocation of the hot water pipes and sewerage lines for the building was completed. Rough construction is planned to be finished in Q1 2022.
More information about the Fragment project.
29. September 2021
Svoboda & Williams won the Best Local Real Estate Agency title at the 6th annual HOF Awards, which took place on September 23rd at the same time as the CEDEM 2021 conference.
This year's HOF Awards featured a total of 21 categories. Companies and projects across Central Europe were nominated for the various titles, such as Best Residential Development, which was won by the Slovak Sky Park Residence project. The Flow Building in Prague received two awards.
The HOF Awards were part of the CEDEM 21 international conference. Over thirty speakers from leading real estate companies from the Czech Republic and abroad made presentations addressing a wide range of topics. Most touched on the changes brought about by the pandemic.
Prokop Svoboda, owner of Svoboda & Williams, addressed the panel devoted to the residential market. Focusing on the development of the Prague real estate market during the last eight months, he pointed out that when people are deciding where to park their funds, the key aspect today is capital gains, i.e., how the property appreciates over time. He went on to say that after the rapid and record-breaking first half of the year, the market has started to slow down, which is reflected in both the volume of mortgages and in the number of inquiries that Svoboda & Williams is currently recording. All of these issues, however, are related to the increasingly limited housing stock, which is starting to stagnate due to significant construction delays and other factors.
20. September 2021
On Thursday, September 16th, Svoboda & Williams held the grand opening of its new branch on Komunardů 35 in Prague’s Holešovice neighborhood.
Afternoon cocktails were served in the unique space of the Design Port furniture showroom, which is also where the new branch is located.
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)