Real estate newsFrom the pipeline of Svoboda & Williams

08. April 2019

Svoboda & Williams Was Retained to Broker the Sale of Apartments in the U Hájenky Project

The Svoboda & Williams real estate agency has been exclusively retained to broker the sale of 21 apartments in the newly emerging U Hájenky project, which is situated in the immediate vicinity of the Lipno Reservoir close to Český Krumlov. It will offer 15 passive Šumava cottages built in a modern style. Each will consist of two separate units with a terrace and a garden. The construction will be divided into three stages, the first of which will be completed before the end of 2019.

The U Hájenky project offers modern living in the heart of the South Bohemian countryside, a popular destination for outdoor activities and sports. The separate duplex houses with gardens and terraces inspired by traditional Czech country covered entrances will be arranged in a symmetrical pattern. Each house will include 2 three-bedroom, 130 sq. m. apartment units. Their efficient layouts will be spread out over two floors and an attic, which can be used as an additional bedroom or storage space.

The houses will conform to passive housing standards and be built to respect the pristine nature that surrounds them. They will be offered in a basic standard that includes top-class ventilation, heating, and cooling systems. The premium option will offer air recuperation, a fireplace insert, outdoor window blinds, and photovoltaic panels. It will also be possible to add a space for hypoxic therapy, which simulates a high-altitude environment, in one of the bedrooms. There is also the possibility of property management services, which include cutting the grass, cleaning, clearing away snow, as well as rental management services.

The project is located between the mountains and the reservoir, allowing future owners to use the houses all year round, instead of only seasonally. Besides the famous Lipno Reservoir, they can also look forward to a ski slope and a cable car, which will be placed only one hundred meters from the houses. The surrounding area offers many hiking trails and bike paths. There are only a handful of places like it in the Czech Republic, which are more reminiscent of what can be found in Alpine countries. The U Hájenky project houses are a wonderful opportunity for lovers of outdoor activities, winter sports, and relaxation in nature.

The project will be constructed in three stages, the first of which will be completed before the end of the year. The individual units will be sold in a finished state.

U Hájenky | Svoboda & Williams

07. April 2019

The Commercial Leasing Team Has Brokered the Lease of 16,645 sq. m. of Office Space in the Last 6 Months

The Commercial Leasing Department of Svoboda & Williams continued in its success in 2018 and brokered several important transactions in the first quarter of 2019.

In the last half year, the Commercial Leasing Department brokered the lease of 16,645 sq. m. of office and commercial space, 98% of which consisted of landlord representation and the lease of offices. The FlixBus, Itadel, Nordic Investors, Konektor, and DPD companies all have brand new addresses. Another significant success was the exclusive appointment to manage and provide marketing services for myhive Flexi Offices, a project that offers fully equipped offices with flexible lease terms and coworking space. Commercial Leasing also signed an exclusive cooperation agreement to lease office space in the PRAGA Office & Garden building in Karlín and the Riveroff Office House in Holešovice.

Commercial Leasing Team | Svoboda & Williams

14. March 2019

Svoboda & Williams Retained to Broker the Sale of Apartments in the Slavíkova 4 Residential Project in Vinohrady

The Svoboda & Williams real estate agency has been retained to broker the sale of apartments in the Slavíkova 4 residence, which is situated in Vinohrady only a few steps from Jiřího z Poděbrad Square. The project entails the sensitive reconstruction of a 19th century building and will offer elegant units that artfully combine current interior design trends and period elements. The planned completion of the residence is scheduled for September 2019.

The Slavíkova 4 residence offers urban living of the utmost elegance in a vibrant neighborhood boasting a full spectrum of services, easy access to the center of Prague, as well as a wealth of cultural activities and quality restaurants. It consists of 11 apartments with floor areas ranging from 50 to 120 sq. m. and layouts from one to three bedrooms, and one studio (22 sq. m.). The two ground-floor apartments come with landscaped front gardens in the courtyard, and most of the units have balconies. Features include stylish interiors designed by the SMLXL studio, high quality hardwood floors and replicas of original casement windows, and brand name sanitary ware.

The six-story building is being carefully reconstructed by the Hradečný Architekti studio, which was inspired by the original architectural plans. The roof, the load-bearing structures, and the common areas will be repaired and renovated and the building will also be completely rewired. The decorative facade, as well as the wrought-iron banister and ceramic floor tiles will be restored to their original beauty. A new elevator with a glass shaft will be installed.

The Slavíkova 4 project is located only a few meters from náměstí Jiřího z Poděbrad Square with its iconic Church of the Most Sacred Heart of Our Lord by the Slovenian architect Josip Plečnik. There is much in the neighborhood for future residents to explore, including pleasant cafes, bistros, and bakeries with the smell of freshly baked bread. Families with children will appreciate the proximity of kindergartens, schools, and several parks. The popular Riegrovy sady Park offers a wide range of sports and relaxation activities, wonderful panoramic views of the city, and an outside cafe and beer garden. A post office, a pharmacy, shops, and other services are all within walking distance. A metro station and tram stops providing quick access to the center are only two minutes from the residence.

The units will be sold in a finished sate with the possibility of white walls finishing, i.e. before the completion of the final surfaces.

Slavíkova 4 | Svoboda & Williams

12. March 2019

Svoboda & Williams Has Brokered the Lease of Offices for the Nordic Investors Group

The Svoboda & Williams real estate agency has brokered the lease of 1,334 sq. m. of office space for Nordic Investors. In May 2019, this high-profile Czech investment group will occupy part of The Greenline, an architecturally significant building in a sought-after business location in Prague 4.

The Nordic Investors company is a Czech financial group that runs the Nordic Telecom telecommunication operator, which has acquired 3.7 GHz frequency in an auction and is successfully building and launching a 5G ready network. The group also focuses on eHealth and real estate. It is working on the Nové Vajnory development, one of the biggest real estate projects in Bratislava, the Hotel Hradec project, and other smaller-scale projects. The group has realized the acquisition of the Géčko Shopping and Social Center in Liberec as well as its subsequent sale. It has also participated in saving the the Kovosvit Mas company. The company’s overall investment portfolio currently exceeds CZK 2.4 billion.

“Nordic Investors’ headquarters are located in the City Tower building in Pankrác, and so the company was looking for a location that would be easily and quickly accessible from there. The Greenline building, which is very close to the Kačerov metro station and the entrance ramp of the highway to Brno, was an ideal fit. Besides its accessibility, the building’s visibility as well as the storage and utility spaces available in the basement, also played a large role,“ said Petra Schinkmannová of Svoboda & Williams.

The Greenline modern administrative complex consists of seven floors, the two topmost of which have spacious terraces, and four underground levels that include a parking garage with a charging station for electric cars. Thanks to its large-format windows, the building receives an abundance of daylight, and noise protection layers ensure a peaceful workspace. The building boasts charming views of the surrounding neighborhood, excellent technological equipment, relaxation zones, and a cafe.

Svoboda & Williams | The Greenline

25. February 2019

Svoboda & Williams' New Market Report Maps the Residential Market in the Second Half of 2018

Svoboda & Williams published its second Market Report, which biannually analyzes the situation in the premium sector of Prague’s residential real estate market. The new issue focuses on key trends in the second half of 2018.

The Market Report analyzes data on sales and rental transactions realized by Svoboda & Williams. It also includes information that was acquired from the Cadaster of Real Estate about the sale of properties with similar parameters to ones in the portfolio of Svoboda & Williams. The monitored sample therefore covers a significant portion of Prague’s premium residential market. 

We noted the following trends in the premium residential property market in the second half of 2018:

- cooling of demand
- a year-on-year decrease in the average achieved price per sq. m. for apartments in S&W’s sample; exceptional properties at the tip of the real estate iceberg continue to break records
- prices of apartments in Prague reached the limits of people’s purchasing power, but construction costs are still rising – developers are in a difficult situation

- a persistent strong interest in rental housing, developers gradually increased their activities in this sector
- a wider offer of quality rental apartments, the supply was catching up with the increased demand
- lowering the pressure on the growth of rents
- gradual change from a landlord’s to a tenant’s market

The Market Report also includes a detailed analysis of sales and rental prices in Prague’s premium residential property market. In order to interpret the development of the rental market more accurately, Svoboda & Williams utilized the The Rental Price Index by S&W+VŠE, an analytical tool, developed in cooperation with the Faculty of Informatics and Statistics of the University of Economics in Prague. The Market Report works exclusively with data that is based on achieved rather than listed prices.

Svoboda & Williams Market Report | H2 2018 to download (pdf)

Market Report | Svoboda & Williams

13. February 2019

The U Pernikářky 7 Apartment House Has Received Final Approval, Only One Unit Remains for Sale

The last remaining apartment in the U Pernikářky 7 residential project, located in the sought-after neighborhood of Hřebenka (Praha 5) with many beautiful villas, is waiting for its owner. The low-energy villa received final approval last month. Svoboda & Williams has been exclusively retained to broker the sale of the apartments in the project.

U Pernikářky 7 is situated in the exclusive neighborhood of Hřebenka and offers a unique opportunity to live in a peaceful area surrounded by greenery with a First Republic atmosphere. The elegant new building was constructed by the JRD company in cooperation with Podlipný Sladký Architects. Both firms specialize in sustainable real estate projects with high energy efficiency ratings. The villa includes attractive common areas, an underground garage, and a relaxation zone with a sauna that is reserved for residents. Energy costs are low thanks to the apartments’ insulated triple-glazed windows, central ventilation with heat recuperation, and passive convection heat distribution systems.

There is currently only one apartment available for sale: an airy, south-facing three-bedroom, 116 sq. m. unit with a large balcony. The purchase price includes two underground parking spaces and a storage space in the cellar.

The apartment will be move-in ready in March 2019.

More information about U Pernikářky 7.

U Pernikářky 7 | Svoboda & Williams

13. February 2019

Construction Work on the Trio Harrachov Project Successfully Continues

At the beginning of the year, basic construction of the first of the three residences in the Trio Harrachov project was completed. The complex, set in a peaceful valley of the Kamenice River, offers stylish, alpine-style apartments close to ski slopes, cross-country trails, bike paths, and other services. Svoboda & Williams is the project’s exclusive agent.

Currently, the roof of the first of the three residences is being installed and work on its interiors is continuing. Thanks to their ideal location, the Trio Harrachov apartments are the perfect second home for outdoorsy types and nature lovers. They are also a comfortable alternative to a cabin or chalet in the renowned resort in the Krkonoše Mountains with a wide spectrum of services and year-round sports activities for the whole family (a golf course, tennis courts, or a rope park). The project was designed by the ArchiSPACE studio, which artfully combined contemporary design elements with the typical architecture of the Krkonoše region. The trio of houses thus boasts a freshly modern yet traditional look.

The date of completion depends on the weather conditions in the mountains. Ideally, the units in the first residence will be handed over before Christmas 2019, or no later than in the summer of the following year. The remaining two residences will be completed in the fall of 2021.

Official website of the Trio Harrachov project.

Trio Harrachov | Svoboda & Williams

13. February 2019

Svoboda & Williams Partner of the Art in Conversation Event

The Art in Conversation event took place on February 7th, 2019, at Galerie Cermak Eisenkraft in Prague. Participants had the opportunity to meet the art world’s leading appraisers and art collection experts. Galerie Cermak Eisenkraft organized the event together with Christie’s Auction House and the Svoboda & Williams real estate agency.

The founders of Galerie Cermak Eisenkraft, Tomáš Zapletal and David Železný, have been tirelessly working to cultivate the Czech art market and, in order to achieve this goal, communicating with their potential and current clients and having conversations about various aspects of the art world is essential. Thanks to this approach, the organizers elegantly connected the concept behind the gallery with the main topic of the event – Art in Conversation: art and collecting artworks in a wider context, with individual presentations devoted to various facets of this topic.

Lord Snowdon, the honorary chairman of Christie’s for Europe, the Middle East, Russia, and India, spoke at the event. Important speakers included other Christie’s members, such as Jason Carey, the Head of the Impressionist & Modern Art Department, and Anna Povejšilová, who is an Associate Specialist in the same department. In order to appraise a work of art, it is necessary to have deep expert knowledge, and professional experience can greatly speed up the process of selection. Christie’s offers the helping hand of an agent who can help you select the right investment, which the purchase of a valuable work of art undoubtedly is.

A highlight of the event was the viewing of František Kupka’s painting La cathédrale, which will be included in the coming auction, the Impressionist and Modern Art Day Sale, which will take place on February 28th, 2019, in London. Kupka’s painting will be auctioned off together with works by Pierre-Auguste Renoir, Pablo Picasso, or Alberto Giacometti.

Christie’s global business includes the Christie’s International Real Estate network. Svoboda & Williams is an exclusive affiliate for the Czech Republic and Slovakia.

Art in Conversation | Christie’s | Svoboda & Williams

11. February 2019

Svoboda & Williams Welcomes New Team Members

Many new members have joined the Svoboda & Williams team. Věra Urbanová is the new Property Department Manager, and the Sales, Residential Rentals, and Commercial Leasing divisions as well as the Analytics Team all hired new employees.

Věra Urbanová, who graduated from the University of Finance and Administration with a degree in marketing and economics, is the new Property Department Manager. She previously held the same position in the Bohemian Estates International company, where she led a 12-member team and managed over 800 long-term and short-term rental properties.

Our new residential sales agents are Michal Prskavec, who graduated from the Law Faculty of the Charles University and has been working in real estate for the last 15 years, Kristina Georgiu, who gained work experience in New York where she worked as a Senior Designer for German Kitchen Center, and Jitka Laslofi, whose previous work experience was in HR and who has an economics and management degree. We welcomed Maria Sherstiuk, a graduate from the Faculty of Arts at the Charles University, to the position of administrative support in the sales department. Maria came to Svoboda & Williams from our sister company Offices Unlimited, where she was an office manager.

Sonja Liasovská, who recently graduated from the British Teesside University branch in Prague, joined the residential rentals team as a junior agent. Kateřina Mazúrová, who has experience in the tourism industry in Calgary where she received a degree in Business Administration, and Michaela Prchalová, who until recently worked as a receptionist for Svoboda & Williams and graduated from the Prague Conservatory in the field of acting, currently hold the same position.
Petr Jurza who joined the commercial leasing division, gained previous professional experience in this segment in Real Spektrum. Petra Šimoníková, whose previous experience was in Česká pojišťovna (Czech Insurance Company), where she worked in corporate and industrial insurance, is a new member of the Analytics Team.

New Members | Svoboda & Williams

08. February 2019

Svoboda & Williams Retained to Provide Marketing and Management Services for the myhive Flexi Offices Project

The Svoboda & Williams real estate agency was exclusively retained to provide marketing and management services for the myhive Flexi Offices project, which will offer serviced offices with a reception, coworking options, flexible lease terms, and other services. The offices will be located on the first floor of the Pankrác House building, in one of the most sought-after business districts in Prague.

The myhive Flexi Offices serviced offices will be situated in the Pankrác House building directly across the street from the Pražského povstání metro station, only three stops from the Muzeum metro station. The offices will be easily accessible from the center of Prague as well as by car from the exit of the D1 highway. The complex will also include a restaurant, a spacious lobby connected to a café, a 24-hour reception, conference rooms, garages, and a gym that is free for myhive members. Regular networking events and conferences that tenants can take part in are held in the building.

The myhive Flexi Offices project is being built on the first floor of the building and has a total floor area of 1,547 m2, which will be divided into 36 fully equipped offices ranging in layouts from 10 to 50 m2, and 160 m2 of coworking space. It will offer three types of office space for lease: private offices, coworking space, and conference rooms. Building amenities will include a reception, two kitchenettes, and a lobby for meetings with clients. The project offers flexibility in terms of the layouts and lease terms, which can be long-term as well as short-term. Prospective tenants will thus be able to lease exactly the right type of space for their business needs.

More about the myhive Flexi Offices project.

Our offer of serviced offices.

myhive Flexi Offices | Svoboda & Williams

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