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.”




Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


Latest news

News - LemonTree starts second phase of Lablogic Warsaw project
05
May
2026

LemonTree starts second phase of Lablogic Warsaw project

by Property Forum
LemonTree has commenced the second phase of the Lablogic Warsaw project, located near Chopin Airport at Osmańska Street in Ursynów district. 
Read more >
News - Kingstone RE partners with Iroko for Polish expansion
05
May
2026

Kingstone RE partners with Iroko for Polish expansion

by Property Forum
Kingstone Real Estate has established a strategic partnership with French asset manager Iroko to facilitate investment opportunities in Poland.
Read more >
News - pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
05
May
2026

pbb provides €36m loan to AYA Properties Fund for Warsaw office deal

by Property Forum
Deutsche Pfandbriefbank (pbb) has provided investment and VAT loans totalling €36 million to the AYA Properties Fund, which acquired an office building in Warsaw's Wola district.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy