Real estate newsFrom the pipeline of Svoboda & Williams

16. May 2018

Record Amounts Paid for Works of Art at Christie’s Auctions

Auctions organized by our foreign partner Christie’s scored multiple new records. The items from The Collection of Peggy and David Rockefeller were sold for a staggering $832 million. Further record amounts were paid at yesterday’s Impressionist & Modern Art Evening Sale.

The proceeds of The Collection of Peggy and David Rockefeller auction significantly superseded experts’ estimates and almost doubled the highest amount previously paid for a private art collection. The former record was held by the collection of Yves Saint Laurent and his partner Pierre Bergé which was sold for $443 million in total. The main work of art sold as part of the Rockefeller collection, Pablo Picasso’s early painting Fillette à la corbeille fleurie cost its new owner $115 million. The famous Odalisque couchée aux magnolias painting was sold for $80.8 million which establishes the highest amount ever paid for a painting by Henri Matisse. In agreement with David Rockefeller’s will, the proceeds of the auction will be divided among dozens of charity projects that were supported by him and his wife.

At the Impressionist & Modern Art Evening Sale, the painting Suprematis Composition by Kazimir Malevich was sold for $86 million and the sculpture La jeune fille sophistiquée (Portrait de Nancy Cunard) by Constantin Brâncuşi was sold for $71 million. In both cases these are record amounts paid for works of these artists.

More information can be found here: Christie's auction house

Christie's record auction |  Odalisque couchée aux magnolias by Henri Matisse

09. May 2018

Laubova 2 Residence: Premium Rental Housing in Vinohrady

Svoboda & Williams exclusively offers apartments for rent in the premium Laubova 2 residence, which will be the result of a complete renovation of an Art Nouveau building on the corner of Laubova Street and Jiřího z Poděbrad Square.

The Laubova 2 residence, situated in one of the most desired neighborhoods of Prague’s quarter of Vinohrady, presents a total of 11 luxurious rental apartments, 9 of which boast a balcony. The four-story Art Nouveau building, complete with a lift, is currently undergoing a complete renovation whose concept was created by the SMLXL and Flat White architecture studios. With floor sizes from 89 to 176 sq. m. and one-bedroom to three-bedroom layouts, the apartment interiors are characterized by a sophisticated blend of original Art Nouveau elements and contemporary design. The apartments will offer a high-end living environment including features such as air-conditioning, oak flooring and wine cooling systems.

The windows of the residence provide beautiful views of the iconic Church of the Most Sacred Heart of Our Lord, the dominant of Jiřího z Poděbrad Square, designed by the renowned Josip Plečnik. This part of Vinohrady is known and loved for its wide streets lined by tall trees and picturesque Art Nouveau facades. The neighborhood features easy access by car and public transport (including the Jiřího z Poděbrad metro station), a wide array of services, large green areas and a vast number of restaurants and bistros, offering mouth-watering flavors from around the globe. The Riegrovy sady park, located just a few minutes from the residence, provides great conditions for sports & leisure.

"We are recording high, steady demand for rental apartments situated in the area of Jiřího z Poděbrad Square, which is why we welcome the opportunity to work on this unique project," says David Šimeček, the Head of Residential Rentals at Svoboda & Williams.

For further information about the apartments: Laubova 2 
 

Laubova 2 Residence

26. April 2018

Only 2 Apartments Left in the Milhouse Project

In the Milhouse project, which offers attractive housing in a mixed-use building designed by Chybik + Kristof architecture studio, only 2 apartments are still available – both stylish two-bedroom lofts. The final approval of the project, which is set in the vicinity of Brno’s city center, is scheduled for August. The sale of the apartments in the building is being exclusively mediated by Svoboda & Williams.

The southeastern orientation of the building, shaped as an irregular pentagon, grants plenty of daylight in the interiors and - in combination with the used technologies - significantly contributes to energy-efficiency. Timeless, luxuriously implemented apartments with large-scale windows provide a premium standard of urban housing. The upper-floor apartments feature breathtaking views of the Brno-střed city quarter alongside Brno’s landmarks, such as the Cathedral of St. Peter and St. Paul and the Špilberk Castle. Being the flagship of the project, the impressive loft apartments situated on the building's upper floors offer a true abundance of natural light and harmoniously styled, two-story interiors. Only two of these lofts (both with a two-bedroom layout - one 70 sq.m. w/ balcony, the other 90 sq.m. w/ 2 terraces) are still available.

Milhouse is located at the crossing of Mlýnská and Masná Streets, near a bustling business area and features excellent accessibility both by car and public transport. The up-and-coming surroundings of the building feature train and bus stations and a wide range of services including the Galerie Vaňkovka and Letmo shopping centers. Only a few minutes away from the building is a popular cycle route running along the Svitava River, continuing all the way to Vienna. According to the territorial plan, a park is to be built in the vicinity of the building. The Milhouse project is being implemented by the T.E Development Group.
 

Projekt Milhouse, Brno | Svoboda & Williams

25. April 2018

Brno Branch of Svoboda & Williams at New Address

The Svoboda & Williams real estate agency has moved its Brno branch to Kapucínské náměstí.

The new Brno branch of Svoboda & Williams is situated in a completely renovated building located on the corner of Kapucínské náměstí (Capuchin Square) and Masarykova Street. The Svoboda & Williams real estate agency, which has been active on the Brno market since December 2014, is now based in an attractive office on the 5th floor with views over the popular pedestrian street.

"The amount of business activities operated by Svoboda & Williams in the Moravian region is growing steadily. Offering a more attractive environment for our clients in a busy, easily accessible location, the new space on Kapucínské náměstí highly meets our current demands," said Tereza Štěrbová from Svoboda & Williams.

Svoboda & Williams offers complex services in the premium real estate segment, property management and investment management. In 2017 Svoboda & Williams was selected by Christie's International Real Estate global network as its exclusive affiliate for the Czech Republic and Slovakia. This network consists of leading real estate agencies from 46 countries all over the world.

The new address of the Brno branch:
Svoboda & Williams
Kapucínské náměstí 307/15
602 00, Brno-střed

Svoboda & Williams New Brno Branch

24. April 2018

Last Available House in the Sun Houses by Mušov Project, Phase II Underway

The Sun Houses by Mušov project consisting of premium low-energy houses with gorgeous views of the Pálava Hills and the Mušov Lakes that are just 300 meters away, is entering phase II. Out of the 13 houses featured in the first phase of the project, only one is still available. The exclusive sales agent for the houses in this exceptional gated resort inspired by Mediterranean architecture is Svoboda & Williams.

The Sun Houses by Mušov project, designed by architect Boris Hála, is set at the edge of the South Moravian village of Brod nad Dyjí, in a picturesque wine region near Mikulov. The project offers stylish one-story houses with spacious roof terraces in a gated resort with a reception, private wine cellars and neatly manicured park areas. The resort will feature an outdoor swimming pool, infrared sauna and also an atmospheric common wine cellar with wine repositories.

Given the considerable demand for the project, in which only one house is still available, the developer is currently preparing its second phase. The new part of the resort will feature another 17 low-energy houses with one and two-bedroom layouts and roof terraces offering charming views of the Pálava Protected Landscape Area.

The project is set in a beautiful location with excellent active relaxation possibilities, including great conditions for cycling, hiking, water sports and fishing. Among other destinations, you can visit the popular Aqualand Moravia in the neighboring village of Pasohlávky, where a large thermal spa is planned to be built in the future. The gorgeous Lednice-Valtice complex is situated less than 30 km away from the resort. Thanks to its dazzling countryside, long wine-growing tradition, fascinating history and typically sunny weather, this area belongs among the most desired recreational areas of the Czech Republic. Moreover, it is easily accessible from Brno (a 30 minutes’ drive as well as other Central European cities including Vienna and Bratislava.

Official website of the project: Sun Houses by Mušov

Sun Houses by Mušov | Svoboda & Williams

12. April 2018

Jaroslav Waldhauser: There is Potential for Further Expansion of Svoboda & Williams in the Commercial Property Market

Jaroslav Waldhauser has been appointed the Head of Commercial Leasing at Svoboda & Williams. He will oversee further development of the company's activities in the sector of office, retail and warehouse space for lease.

During his 9 years at Svoboda & Williams, Jaroslav has gained a reputation as an expert in the field of commercial property leasing. “There is great potential for further expansion of Svoboda & Williams,“ says the new head of the department. "In recent years we have established ourselves as a significant player in the field of office leasing, last year alone we mediated almost 100 transactions. My goal is to further develop the activities of the Commercial Leasing department, to strengthen our position and to continue building a stable and successful team to be reckoned with in the market,” adds Jaroslav Waldhauser. 

Jaroslav Waldhauser | Svoboda & Williams

10. April 2018

Premium Residential Market: Facts & Myths

Jana Volavková, a Senior Research Analyst at Svoboda & Williams, gave a talk at the Perspectives of Housing panel at the Real Estate Market > Spring 2018 conference. In her presentation called Premium Residential Market: Facts & Myths, she stressed that even in the times of high real estate prices, premium properties remain in strong demand.

The data collected by Svoboda & Williams reveals that the increase of the average price of Prague apartments is a result of the skyrocketing prices of mid-range apartments which have, according to available information, risen by as much as 50% during the last three years. In the same period, the price growth has been much slower in the premium segment, reaching about 24%, according to Jana Volavková. Nevertheless, the average sales price of "secondhand" apartments situated in Prague 1 is currently getting close to CZK 150 000 per square meter, in Prague 2 and 6 it´s around CZK 105 000 per square meter. Only in Prague 4, 9 and 10 the average sales price is below CZK 90 000 per square meter. Apartment prices in new residential projects are approx. 30-50% higher. The presented data is based on an analysis of a Svoboda & Williams sample, which only involves realized, i.e. not advertised prices.

A significant increase can also be seen in the Prague rental housing market. According to the Svoboda & Williams Rental Index, which has been developed in cooperation with the Faculty of Informatics and Statistics at the University of Economics in Prague, the prices in this segment have increased by 19.2% since the beginning of 2015. This new analytic tool can record the change of the price level more accurately than mere monitoring of the development of the average rental price. Moreover, it processes only data concerning realized rental transactions.

The growth of rental prices is a result of the increasing demand for rental housing among Czechs, which is, as Jana Volavková emphasized, caused primarily by the economic rise of millennials. This generation tends to be less interested in property ownership and favors the flexibility of rentals. Another important factor influencing the rental market is the rapid growth of sales prices of Prague apartments and the tightening regulations on mortgage loans imposed by the Czech National Bank.

Jana Volavková | Svoboda & Williams | Real Estate Market > Spring 2018 Conference

21. March 2018

Svoboda & Williams Launches Sale of Apartments in PRAGA Residence Project

Based on exclusive instruction the Svoboda & Williams real estate agency has launched the sale of apartment units in the PRAGA Residence project. The architecturally unique building in the old neighborhood of Karlín, just a few steps from Karlín Square, offers a total of 43 stylish apartments with loggias, balconies or terraces. Six generously designed penthouses occupy the top floors of the residence, while the ground floor features 2 three-story townhouse apartments.

The nine-story PRAGA Residence with a large private garden is set at the foot of the green Vítkov Hill, on the site which was once home to the repair garage of the legendary PRAGA automobiles. The impressive new structure will be part of a mixed-use three-building complex, complete with a new pedestrian avenue linking Křižíkova and Pernerova Streets.

Featuring clean, timeless design created by the A.D.N.S. architectural studio, PRAGA Residence offers ideal 21st century housing – right in the heart of a vibrant city quarter with a unique spirit of place boasting an abundance of rich cultural and culinary establishments, yet with nature still close at hand. The project is being developed by the M2 Real Estate company.

Official website of the project: PRAGA Residence

Svoboda & Williams | PRAGA Rezidence

20. March 2018

Svoboda & Williams Launches Sale of Apartments in Šárecký Dvůr Project

Based on exclusive instruction, the Svoboda & Williams real estate agency has launched the sale of apartments in the unique residential park Šárecký dvůr, which is rising in the most charming setting of a Baroque courtyard in a tranquil part of the Prague 6 city district. The project offers premium housing in a gated complex with a reception and underground parking. Šárecký dvůr is situated within reach of the Divoká Šárka nature reserve and, at the same time just a few minutes' walk from a metro station. The apartments in the project will be move-in ready by August 2018.

Consisting of a total of 51 premium apartments in an attractive residential park, the Šárecký dvůr project blends original Baroque architecture with 21st century design. The one-of-a-kind project will result from a complete renovation of what once was a farmstead with a history dating back to 1433. Alongside apartments with traditional layouts, the project also includes three-story apartments with impressive vaulted ceilings, duplexes with private gardens and generously designed penthouses.

Privacy and security of the residents will be maintained by an on-site reception as well as an original, protected stone wall surrounding the complex. The concept of the project and the exteriors were created by Bogle Architects, while the interiors come from the Chmelař architekti studio. The project is being developed by the CRESTYL group.

Official website of the Šárecký dvůr project

Šárecký dvůr | Svoboda & Williams

16. March 2018

Svoboda & Williams Exclusively Appointed to Sell Apartments in Florian Residence in Vinohrady

The Svoboda & Williams real estate agency has received exclusive instruction to sell apartments in the Florian Residence, situated in the popular Prague quarter of Vinohrady, just a few steps from the Flora metro station. The residence will result from a sensitive reconstruction of a late Functionalist building.

The Florian Residence consists of 10 airy apartments in a building from the 1930s with elegant common areas and an elevator. It is situated in Vinohrady, just a few steps from a metro stop and the Atrium Flora shopping mall and minutes from the Jiřího z Poděbrad square. The building is currently under reconstruction, with emphasis placed on paying respect to the structure's original architectural style. Adjacent to the building is a courtyard which will undergo a thorough revitalisation and will include a garden and a relaxation zone with space for barbecuing and socialising.

The apartments in the Florian Residence have high ceilings and spacious layouts. What's more, many of them also boast balconies which face southwards into the above-mentioned quiet courtyard. The apartments on the top floors offer impressive views of the Žižkov neighborhood, including the green Vrch sv. Kříže hill and much more.

The Florian Residence is conveniently located on the border of Vinohrady and Žižkov and features easy access by both public transport and car. The surroundings offer a wide range of services and amenities, including an elementary school as well as a nursery in the Jiřího z Lobkovic square. Also in the immediate vicinity is an IMAX cinema, which has the largest screen in the Czech Republic, as well as the famous Erhartova cukrárna or the popular farmer's markets and a number of whimsical cafés and eateries in the nearby Jiřího z Poděbrad square. Several large parks including the popular Parukářka are just a few minutes' walk away.

Florian Residence | Svoboda & Williams

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