"Savills negotiated the sale of a warehouse owned by ITB Transito s.r.o., to Logport Development s.r.o. The industrial hall is located in a well-established industrial zone in the southern part of Kladno and has a rentable area of almost 3,600 sq m with the possibility of expansion up to 7,000 sq m."

"According to the "Ski Report" published by Savills for the eighteenth time this year, on average, across the Savills Ski Prime Price League table of the top twenty resorts, prices for prime residential property fell by approximately -4% for the year. However, this fall is from record levels, after prices rose more than 20% in the 2021/22 season. While down slightly from their 2022 highs, values remain on average 20% above 2021 levels and 41% above pre-pandemic prices."

"Savills negotiated a pre-lease of warehouse space for Flosman s.r.o., a Czech company engaged in the retail and wholesale of food and pharmaceuticals. The lease covers 8,000 sq m of warehouse and almost 600 sq m of office space in the CSPPark Planá NL project. The hall is planned to be operational in the third quarter of next year."

"Savills has appointed Ondřej Míček as Head of Industrial Agency for its Czech and Slovak operations effective December 2023. Since joining Savills as a consultant concentrating primarily on industrial space leasing, Ondřej has expanded his role to cover industrial sales, land acquisitions and data centres"

"The current Savills "Branded Residences Report" shows that the number of branded residential schemes has increased by over 160% in the last decade with new brands, locations and a shift in amenities set to propel the sector even further. With more than 690 completed schemes globally, a further 600 are expected to be delivered by 2030. Prestigious "brands" from non-residential sectors such as Versace, Fendi, Armani or Tonino Lamborghini have also expanded their presence into this segment across major cities around the globe. The concept of luxury apartment residences is based on an affiliation with a prestigious brand. The individual apartments are available for purchase on the open market and at the same time, residents enjoy access to exceptional services comparable to luxury hotels."

"Currently, sustainability and ESG responsibility are not being addressed only in real estate, it affects virtually every company. Savills therefore held a discussion on this topic, The Future of Green Leases. Together with other market experts, Savills explained how ESG applies to tenants and landlords themselves. Savills' survey says that by 2026, green leases will become a common part of lease agreements. Absolutely key to the implementation of an ESG strategy will be the cooperation between tenant and landlord, and the setting up of ESG reporting."

"WorkLounge, an operator of coworking spaces and serviced offices, has completed the acquisition of the City Point office building in Pankrác, Prague 4. It is taking over the building from the investment company Amundi Czech Republic, which previously owned the building. Mint Investments Group was the investment advisor to Amundi. Representatives of Savills, Cushman & Wakefield and Havel & Partners also participated in the transaction. The value of the transaction exceeded CZK 450 million."

"According to the latest research by Savills and its flexible office sector partner Workthere, London City remains the most active flexible office market in Europe. In H1 2023, the sector accounted for 13% of London’s office take-up, followed by Prague (8%), Amsterdam (6%), Madrid (5%) and Warsaw (4%). Flexible office providers in the Czech Republic are consolidating and the market is currently dominated by three main players. In addition, growing demand is further motivating flex operators to search for new attractive locations."

"From Q1 2023, Savills registers around 1.4 million sq m of industrial space intended for lease that is in various phases of construction. These construction levels were also true in Q2 2023, representing the highest volume in the history of the Czech industrial market. At least 60% of this space, almost 833,000 sq m, is already pre-leased. Most of this pre-leased industrial space is being built for tenants from the manufacturing sector (38%), followed by retail (30%) and logistics (16%). The largest property under construction is a build-to-suit hall for the retail chain H&M."

"VGD Group is the first tenant in the A1 office building within the Rohan City development. Offices of almost 2,400 sq m for approximately 200 employees will be located on two floors. Savills acted as the leasing agent, assisting with property search, negotiating lease terms and providing construction and technical consultancy. The developer of the project is Sekyra Group, which will occupy the top eighth floor of the building. The project is currently under construction with a move-in date scheduled for the second half of 2024. The office design and project management is also being provided by Savills in collaboration with Linstram."