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.




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New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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