References

Palmovka Open Park

Palmovka Open Park

Palmovka Open Park

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Palmovka Open Park
Client: Metrostav Development
Location: Prague 8
GLA: 25 000 sq m

Aspira

Client: Livesport
Location: Prague 5
GLA: 20 000 sq m

Polygon House

Polygon House

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Client: Amundi
Location: Prague 4
GLA: 10 600 sq m

FORUM KARLÍN

FORUM KARLÍN

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Client: Amundi
Location: Prague 8
GLA: 20 000 sq m
Praha City Center

Praha City Center

Praha City Center

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Praha City Center
Client: Amundi
Location: Prague 1
GLA: 17 700 sq m
Václavské náměstí 9

Václavské náměstí 9

Václavské náměstí 9

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Václavské náměstí 9
Client: Patrizia
Location: Prague 1
GLA: 5 800 sq m

Myslbek

Client: AEW
Location: Praha 1
GLA: 24 400 m2

Retail Park Černý Most

Retail Park Černý Most

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Client: Centerscape Investment
Location: Černý most
GLA: 9,500 sq m

Retail Park Čestlice

Retail Park Čestlice

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Client: Centerscape Investment
Location: Čestlice
GLA: 10,300 sq m

OC Rotunda Havířov

OC Rotunda Havířov

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Client: Private investor
Location: Havířov
GLA: 6,300 sq m

Retail Park Haná

Retail Park Haná

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Client: Star Capital Finance
Location: Haná
GLA: 2,700 sq m

OBI Jablonec nad Nisou

OBI Jablonec nad Nisou

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Client: Redside
Location: Jablonec nad Nisou
GLA: 6,400 sq m

Retail Park Plzeň

Retail Park Plzeň

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Client: CPI Property Group
Location: Plzeň
GLA: 8,200 sq m

M7 Portfolio

Case study

M7 Portfolio

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Client:

m7 Real Estate Czech Republic

Location:

Czech Republic

GLA:

73,300 sq m total portfolio

Mandate: since 2017 (2007 - 2017 for previous owner) | Tenants: 29

Our services

Property managment
Leasing

Challenges

For m7 we manage portfolio of 4 warehouses of various types, located across the Czech Republic. The total portfolio comprises of 73,300 sq m of warehouse space with office and retail facilities. The mandate was re-confirmed after purchase from previous owner Cromwell

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Client: M7
Location: Prague 10
GLA: 73,300 sq m

Eastgate Park Prague

Eastgate Park Prague

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Client: Charnwood
Location: Prague
GLA: 31,200 sq m

Keystone

Client: Amundi
Location: Prague 8
GLA: 6,600 sq m

Smíchov Gate

Smíchov Gate

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Client: Reside
Location: Prague 5
GLA: 13,300 sq m
Client: TRIUVA
Location: Prague 5
GLA: 13,800 sq m

Oregon House

Oregon House

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Client: M7 Real Estate Czech Republic
Location: Prague 5
GLA: 14,300 sq m

AXA portfolio

AXA portfolio

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Client: AXA penzijní společnost a.s.
Location: Czech Republic and Slovakia
GLA: 29,000 sq m

River Garden I

River Garden I

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Client: LaSalle Investment Management
Location: Prague 8
GLA: 19,200 sq m

Rosmarin Business Centre

Rosmarin Business Centre

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Client: Private investor
Location: Prague 7
GLA: 22,700 sq m

Palác Karlín

Palác Karlín

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Client: Kirkbi Real Estate Investment
Location: Prague 6
GLA: 16,400 sq m

Corso IIa

Client: Alanis Capital
Location: Prague
GLA: 13,100 sq m

Corso Court

Corso Court

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Client: Invesco
Location: Prague 8
GLA: 18,100 sq m

Hagibor Office Building

Hagibor Office Building

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Client: RFE
Location: Prague
GLA: 21,300 sq m

Budějovická Alej

Budějovická Alej

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Client: DBK Praha a.s.
Location: Prague
GLA: 11,600 sq m
Client: Private investor
Location: Prague 6
GLA: 21,300 sq m

OC Rýnovka

OC Rýnovka

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Client: Redside
Location: Jablonec nad Nisou
GLA: 15,400 sq m

Galerie Butovice

Galerie Butovice

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Client: Cromwell
Location: Prague
GLA: 36,000 sq m

Forum Liberec

Forum Liberec

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Client: Nepi Rockcastle
Location: Liberec
GLA: 46,800 sq m

OC Spektrum Prague

OC Spektrum Prague

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Client: CPI Property Group
Location: Čestlice
GLA: 9,600 sq m

City Park Jihlava

City Park Jihlava

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Client: CPI Property Group
Location: Jihlava
GLA: 28,500 sq m

Galerie Fénix

Galerie Fénix

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Client: CPI Property Group
Location: Prague
GLA: 12,500 sq m

Olympia Mladá Boleslav

Olympia Mladá Boleslav

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Client: CPI Property Group
Location: Mladá Boleslav
GLA: 22,000 sq m

Quadrio

Client: CPI Property Group
Location: Prague
GLA: 28,700 sq m

IGY centrum České Budějovice

Case study

IGY centrum České Budějovice

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Client:

CPI Property Group

Location:

České Budějovice

GLA:

19,600 sq m / 29,000 sq m

Mandate: since 2012 | Tenants: 84 / 130 shopping units | Positioning: Regional shopping centre - Long term market leader | Facts: Shopping centre, opened in 2004

Our services

Long-term complex Property Management covering:

Management set-up
Leasing

Challenges

HIGH PERFORMANCE

Opening in 2004 with 19,600 sq m of retail space, IGY became one of the most successful shopping centres in the South Bohemian Region.

Our objective is to further strengthen the established position of the centre.

  • 2012

    19,600 sq m of retail space 84 shopping units Cushman & Wakefield mandate start

  • 2015

    37% increase in turnover 11% increase in footfall

  • 2016

    Start of modernisation and extension of the centre

  • 2017 / Q4

    IGY modernisation completion 29,000 sq m of retail space 130 shopping units

Solution and results achieved

Tenants

In cooperation with the owner, Cushman & Wakefield is realising a major shopping centre extension, going from original 21,300 sq m to 29,000 sq m. This massive change to be completed in 2017.

Marketing

IGY sets the market  trends in the region due to innovative & authentic marketing communication, clear, simple style showing humour, emotions, developing precise & consistent customer care - Far away from regional competition.


Exceptional marketing initiatives.

ONE OF THE KEYS TO OUR SUCESS

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Client: CPI Property Group
Location: Czech Republic
GLA: 19,600 sq m / 29,000 sq m

Olympia Teplice

Case study

Olympia Teplice

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Client:

CPI Property Group

Location:

Teplice

GLA:

31,800 sq m

Positioning: Local family oriented shopping centre | Facts: Shopping centre, opened in 2005 | Tenants: 70 shopping units | Mandate: since 2012

Our services

Long-term complex Property Management covering:

Management set-up
Leasing

Challenges

„A STRONG PARTNER IN DIFFICULT TIMES“
Since the centre opening in 2005, the shopping centre market in the region has become highly competitive. 5 new retail projects emerged on the market during 2013-2015 and the Teplice region became the 2nd highest saturated region in the CR.

  • 2012

    Market saturation: 632 sq m / 1,000 inhabitants

  • 2014

    Market saturation: 1.415 sq m / 1,000 inhabitants 2nd highest in CR

  • 2015

    Mall turnover +5,8% Footfall +4,2% 20 new brands Full occupancy and collection

Solution and results achieved

Operation

We focus strongly on customers needs through ongoing interior improvements and intensive tailor made marketing activities.


Tenants

Under our management mandate we have participated on major extension in number of stages, various building upgrades, the centre has kept its market position, we hold full occupancy, introduced over 20 new brands and stabilized long term income, turnovers and footfall.

Marketing

Olympia is a trend setter for the region and has kept its loyal customers over many years of its existence.


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Client: CPI Property Group
Location: Czech Republic
GLA: 31,800 sq m

Orlice Park Shopping

Case study

Orlice Park Shopping

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Client:

Redside

Location:

Hradec Králové

GLA:

22,000 sq m

Facts: Shopping centre, opened in 2002 | Positioning: Local family oriented shopping centre | Tenants: 23 shopping units | Mandate: since 2013

Our services

Long-term complex Property Management covering:

Management set-up
Leasing

Challenges

After 12 years of operation, the centre was in need of major refresh, from both operational and design aspects, to keep up the pace with the local market development.


  • 2013

    Start of our mandate Stabilization of tenant mix & new lease contracts

  • 2014

    Rebranding & refurbishment of the whole shopping centre Prolongation of the hypermarket lease contract

  • 2015

    Successful sale of the project to the new owner & Reconfirmation of our mandate

Solution and results achieved

Operation

The centre has undergone a substantial renovation in 2014, under our management. It included not only face-lift of the exterior, but also refurbishment of interior - common areas, rest rooms and food court.


Tenants

Thanks to these major improvements the customers enjoy shopping in a new and modern environment.


Marketing

Furthermore, the centre experienced a complete rebranding, when new identity incl. new name and logo was introduced.


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Client: Redside
Location: Hradec Králové
GLA: 22,000 sq m

Centerscape hypermarkets portfolio

Case study

Centerscape hypermarkets portfolio

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Client:

Centerscape

Location:

Czech Republic

GLA:

42,000 sq m total portfolio

Mandate: since 2004 | Tenants: 50

Our services

Throughout the years the portfolio grew to current 19 projects comprising of 2 large retail parks Černý Most and Čestlice, 12 Penny market properties and 5 other retail / warehouse projects located across the Czech Republic.

Project Management
Leasing

Challenges

Our cooperation with Centerscape Investments (Portico Investments) was initiated in 2004 when we took over management of the first retail parks in the Czech Republic.


Project management

  • Downsize of tenant Electro world (Čestlice)
  • Monitoring of the project provided by the tenant but paid by the owner (supervision, finance, etc.)
  • Overall project management (permit to endorsement)
  • Estimates of gross costs for setting the leasing strategy
  • Placement of a branding on the facade for a tenant (Černý Most)

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Client: Centerscape Investment
Location: Czech Republic
GLA: 42,000 sq m total portfolio

Centerscape hypermarkets portfolio

Case study

Centerscape hypermarkets portfolio

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Client:

Centerscape

Location:

Czech Republic

GLA:

42,000 sq m total portfolio

Mandate: since 2004 | Tenants: 50

Our services

Throughout the years the portfolio grew to current 19 projects comprising of 2 large retail parks Černý Most and Čestlice, 12 Penny market properties and 5 other retail / warehouse projects located across the Czech Republic.

Project Management
Leasing

Challenges

Our cooperation with Centerscape Investments (Portico Investments) was initiated in 2004 when we took over management of the first retail parks in the Czech Republic.


Project management

  • Downsize of tenant Electro world (Čestlice)
  • Monitoring of the project provided by the tenant but paid by the owner (supervision, finance, etc.)
  • Overall project management (permit to endorsement)
  • Estimates of gross costs for setting the leasing strategy
  • Placement of a branding on the facade for a tenant (Černý Most)

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Client: Centerscape Investment
Location: Czech Republic
GLA: 42,000 sq m total portfolio

Bondy Mladá Boleslav

Bondy Mladá Boleslav

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Client: CPI Property Group
Location: Mladá Boleslav
GLA: 28,700 sq m

Anděl Park

Case study

Anděl Park

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Client:

GLL Real Estate Partners (since 2013) / SEB (since 2009)

Location:

Prague, Czech Republic

GLA:

23,000 sq m

Mixed use A-class building, completed in 2005 | 20 tenants | Mandate since 2009

Our services

Long-term complex Property Management covering:

Property Management
Project Management
Green Certification
Marketing
Leasing
Corporate Accounting
Property disposal

Challenges

With aim to keep high standard of the property and to remain competitive on the market we advised our client on number of improvements.

Detailed ongoing market analysis and benchmarking against new and exisiting competitors led us to actions supporting retention of the market leading position.

We concentrate on tenant retention activities and proactively hold “blend, extend and expand” discussions with tenants, never waiting for leases to expire.

  • 2013

    Start of our mandate Stabilization of tenant mix & new lease contracts

  • 2014 - 2015

    Rebranding & refurbishment of the whole shopping centre Prolongation of the hypermarket lease contract

  • 2016

    Successful sale of the project to the new owner & Reconfirmation of our mandate

IN 2016 WE INTRODUCED THE BUILDING ON THE MARKET AND SUCCESSFULLY RE-LET 90% OF THE VACANT SPACE PRIOR TO ITS VACATION

Solution and results achieved

Operation

  • Retendering of all services – 20% savings on annual cost
  • Energy Efficiency plan (utilities supply tender, new LED lighting system)
  • BREEAM In Use – certification completed 2015, with ongoing follow-up activities

Tenants

In 2012-14 we actively managed the renewal of 11,000 sq m of office space. We have 100% retention at Anděl Park, current occupancy rate: 100%.

We introduced regular events focused on strengthening relationships with tenants.

Marketing

We coordinated design of new building collaterals (incl. office visualisations), established online communication, introduced new web site and started to organise regular tenant events, introduced building on the local offce market.

We produced video presentation of GLL Prague’s office portfolio.

Project management

In order to keep the building competitiveness on the market and motivate the tenants to remain in the building, we introduced number of building improvements. We engaged relevant suppliers, made technical site supervision and managed the whole construction process to its successful end.

  • Redesign of receptions (2x300 sq m)
  • New light totems
  • New building branding
  • Expansion of parking spaces (conversion of unused warehouses - optimizing the use of space)
  • New parking signage
  • New Building navigation system
  • New terraces and relax zones in the common areas
  • Creating a building standard
  • CCTV upgrade
  • General Key System
  • Backup of the cooling system
  • Ventilation of waste room

BREEAM Certification

For the building we acquired BREEAM In-Use certification „Very good“ rating.

Cushman & Wakefield helped to define a suitable building standard, introduced number of operational improvements and successfully completed the certification process.

BREEAM CERTIFICATION

Upgrade of control system over media consumption, new waste separation system and greenery.


PART 2: BUILDING MANAGEMENT

We have optimized internal processes and implemented Environmental policy certified by ISO 14001.

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Client: SEB
Location: Prague
GLA: 23,000 sq m

Cassovia

Client: Arcola a.s.
Location: Košice
GLA: 10,900 sq m

Bratislava Logistics Park

Bratislava Logistics Park

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Client: Falcon Real Estate Investment
Location: Slovakia
GLA: 37,400 sq m

City Arena Trnava

City Arena Trnava

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Client: City Arena Plus a.s.
Location: Trnava
GLA: 30,000 sq m

Office Box Trnávka

Office Box Trnávka

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Client: REICO Investment Beta
Location: Bratislava
GLA: 4,300 sq m

Park One

Client: REICO Investment Beta
Location: Bratislava
GLA: 13,200 sq m

Cubus Office Centre

Case study

Cubus Office Centre

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Client:

Vienna Insurance Group (since 2016) / Savills Investment Management (since 2008)

Location:

Bratislava

GLA:

22,000 sq m

Tenants: 3 | Mandate: since 2010 | Facts: A-class office building, completed in 2007

Our services

Property Management
Green Certification
Project Management
Marketing
Leasing
Corporate Accounting
Property disposal / acquisition

Challenges

  • Due to planned downsize of the ancor tenant, 2 floors became vacant (2,300 sq m).
  • Cushman & Wakefield led the conversion from a single-tenant to multi-tenant building, possitioned Cubus on the market and relet the available space.

  • 2010

    Major changes of common areas (operational and design), new corporate identity, green certification. All supported with reshaped property management and proactive leasing.

  • 2015

    ACQUISITION OF NEW TENANTS, 100% OCCUPPANCY OF THE BUILDING FOLLOWED BY SUCESSFULL SALE OF THE PROPERTY TO THE NEW OWNER

Solution and results achieved

Tenants

  • In 2013-15 we actively managed renewal of 19,500 sq m of office space. We have 100% retention record.
  • In 2015 we introduced the building on the market – achieving 100% occupancy of vacant floors (2,300 sq m)

Marketing

  • After completion of all construction works, we launched Cubus on the market
  • New design concept including renaming, logo creation, supporting marketing collaterals, web site, PR, events for agents and potential tenants
  • Augmented reality smart application, used for leasing purposes

Project management

  • We transformed single tenant BC to multiple tenant BC. In order to increase leaseability of 2 000 sq m of available office space, we created a modern showroom to show the quality of offered space.
  • We engaged relevant suppliers, made technical site supervision and managed the whole construction process to its successful end.

  • Redesign of reception (300 sq m)
  • Showroom (200 sq m)
  • Reconstruction of shared toilets
  • New totem, light logo on the facade and building branding
  • New Access System
  • New lift lobby on the floors
  • Fit-out for tenants

BREEAM Certification

For the building we acquired  BREEAM In-Use certification „Very good“ rating.

Cushman & Wakefield led the Certification process together with conversion from single tenant into multi-tenant building, introduced the building on the market and successfully completed the certification process.

Part 1: ASSET

Optimisation of the building operation for multi-tenant building and introduction of various environmental precautions.

Part 2: BUILDING MANAGEMENT

Optimisation and implementation of internal procedures, set up of various related policies such as environmental policy and definition of materials for refurbishment.

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Client: Savills
Location: Bratislava
GLA: 22,000 sq m

Europeum Business Centre

Case study

Europeum Business Centre

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Client:

Vienna Insurance Group (since 2016) / Savills Investment Management (since 2008)

Location:

Bratislava

GLA:

10,400 sq m

Tenants: 24 | Mandate: since 2010 | Facts: Mixed use A-class building, completed in 2003

Our services

Long-term complex Asset Management covering:

Property Management
Project Management
Green Certification
Marketing
Leasing
Corporate Accounting
Property disposal / acquisition

Challenges

In order to increase the property value and its competitiveness on the market, we recommended our client to consider building improvements that would lift the standard of the property, according to current demand. Mainly boosting tenants comfort. After changes we realised we repositioned the business centre on the local market.

  • 2010

    Interior, exterior redesign corporate design, green certification supported with reshaped, property management and proactive leasing

  • 2015

    HIGHER OCCUPANCY AND PROPERTY VALUE INCREASE

Solution and results achieved

Operation

  • Retendering of all services – 15% savings on annual costs
  • Energy Efficiency plan in place (utilities supply tender, new LED lighting system)
  • BREEAM In Use – certification completed 2015, with ongoing follow-up activities

Tenants

  • In 2013-14 we actively managed the renewal of 4,700 sq m of tenants
  • 100% retention record at Europeum
  • In 2015 building fully leased: 2,200 sq m of new tenants

Marketing

We repositioned the property on the local market.The steps we took cover creation of a new design concept including logo, related supporting marketing materials incl. space plans, office visualisations, new web site, PR, brochures, introduction of events for tenants and agents.


Project management

  • In order to increase competitiveness of the building on the market and to reach higher attractiveness for tenants we introduced number of desing and functional building improvements.
  • We engaged relevant suppliers, made technical site supervision and managed the whole construction process to its successful end.

  • Redesign of receptions (2x50 sq m)
  • Redesign of common areas in the exterior (pavement, facade)
  • New advertising totems on the ground and on the façade
  • Showroom
  • Exchange of lifts
  • Ensure the redemption of copyrights by the original architects of the building
  • Upgrade of parking system
  • Fit-out for new tenant Regus

BREEAM Certification

For the building we acquired  BREEAM In-Use certification „Very good“ rating.

Cushman & Wakefield helped to define a suitable standard of the property, introduced number of operational improvements and successfully completed the certification process.

Part 1: ASSET

New waste separation system, greenery and endorsement of eco-friendly means of transportation.

Part 2: BUILDING MANAGEMENT

Optimisation and implementation of internal procedures, set up of various related policies, such as maintenance and environmental policy.

Gallery

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Client: Vienna Insurance Group
Location: Bratislava
GLA: 10,400 sq m

Do you want this service in your properties?

+420 234 603 305
Ondřej Fukal