Savills relocates HQ in Prague

30
Aug
2024
News - Savills relocates HQ in Prague #Czech Republic #office #Penta Real Estate #Prague #Savills

by Property Forum | Office

Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.


Penta Real Estate completed the Masaryčka project at the end of 2023. From the outset, the project has attracted significant attention from the professional community and the general public, even far beyond the country's borders. Designed by the world-renowned Zaha Hadid Architects, Masaryčka consists of two buildings offering AAA-class office spaces and two floors of retail areas. Both Masaryčka buildings have received the international LEED Platinum certification for green buildings.

"The Czech Republic is recognised as a stable economy, making it a trusted market for commercial real estate operations. Savills entry into the Czech market in 2017 was a strategic and logical decision, and it has proven successful. I am confident that our professional and experienced team will be able to thrive in such a building," says Stuart Jordan, CEO at Savills CEE.

Pavel Streblov, Business Director at Penta Real Estate, adds: "Masaryčka is our flagship. The wider surroundings of Masaryk Railway Station is changing from a neglected brownfield into a modern business district. We are glad that Savills also joined the club. The offices in Masaryčka are currently completely sold out.”




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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