Savills appointed as sole property manager for Immofinanz's Prague office portfolio

Prague

Immofinanz has appointed international real estate adviser Savills as sole property manager for its portfolio of seven office buildings in Prague, Czech Republic, with effect from January 2021. The total floor area of the assets is approximately 123,000 sq m.

The Prague portfolio accommodates over 120 tenants with buildings located in the city centre, in busy business districts or at the airport. They include Na Příkopě 14, Jindřišská 16, Jungmannova 15, myhive Palmovka, myhive Pankrác House, Airport Business Center and BBC Gamma. Two of these properties offer the Immofinanz myhive concept which focuses on satisfying the needs and expectations of tenants and their employees and is centered around four main characteristics: hotel-inspired design, attentive service, versatile infrastructure and international community.

Filip Poltoratský, Country Manager of Operations for Immofinanz in the Czech Republic, says: “Savills has been successfully managing four buildings from our Prague portfolio. Their professional and innovative approach is in line with the philosophy and needs of our company. I am pleased that from January 2021, our complete portfolio of office buildings will be managed by one company, Savills. We look forward to professional building management that will lead to the satisfaction of all our tenants.“

“We are honoured to be instructed as sole property manager for the entire Immofinanz Prague office portfolio. The Savills team began looking after four of these properties in August 2017, the very first assets managed at that time by the newly established Savills property management department. After three years, we are very happy to expand our cooperation and continue to provide comprehensive property management services to our client,” comments Petr Machula, Head of Property Management at Savills Czech and Slovak Republics.