AFI fully lets Prague office building

11
Mar
2024
News - AFI fully lets Prague office building #AFI Europe #Czech Republic #Office #Prague

by Property Forum | Office

The AFI City 1 office building in Prague´s Vysočany has reached full occupancy with the arrival of new tenants. Logistic company Hegelmann Transporte is planning to relocate its domestic headquarters here.


Since Škoda Auto also used the option to expand the existing premises, AFI City 1 is now 100% occupied. Other premises are leased to the specialists in interior design and carpentry solutions Nüssli (CZ) and the French pharmaceutical company Pierre Fabre, as well as to the operator of the self-service restaurant Delirest as a newcomer among tenants.

The Hegelmann Group is a family business from Bruchsal, Germany, with a focus on complex logistics. Since its foundation in 1998, it has gradually grown into a global company operating throughout Europe, North America, Asia and Africa. Hegelmann Transporte specializes in the Central European market. In Vysočany, they will occupy a total of 1,867 sqm of office space on two different floors.

Car manufacturer Škoda Auto has gradually contracted nine floors in AFI City 1 from 2022. These are used by IT specialists, the non-profit educational institute 42 Prague or the software company Digiteq.

"Creating the kind of tenant mix that we succeeded in at AFI City 1 was a challenging but exciting process. We are looking forward to the coming months, during which work on custom fit-outs will take place," comments Kateřina Holická, Asset Manager at AFI Europe.

The AFI City 1 administrative building is part of a newly emerging multifunctional district on the Vysočany brownfield near the Kolbenova metro station. The building with BREEAM Excellent green certification is 75 meters high and offers 17,300 sqm of offices. These are complemented by space for retail, an underground parking lot with a capacity of 300 spaces and a bicycle storage room, including facilities for cyclists.




New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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