Established in 2011 by Martina Bartek and Michaela Semanova, who will join Savills as directors, SB Property Services has 25 staff managing a portfolio of commercial properties comprising 185,000 sqm with a value of over €400 million. Clients include Commerz Real and Czech fund management company REICO (an investment company of Czech bank Ceska sporitelna). Among the Class A properties managed are Charles Square Center, the Melantrich Building, Rohan Business Center and the Trianon office building.
Ben Maudling, Head of Savills in Czech Republic, says: “The acquisition of SB Property Services provides Savills with a market leading property management platform in the Czech Republic which has over €600 million of assets under management. Importantly, this includes both valued international and local clients with properties in Prague and in regional cities”.
Savills has had offices in Poland since 2004 and opened an office in Prague in 2016. It has since established cooperation agreements with businesses in Romania and Hungary.
