Karel Bor, who has more than 20 years of experience in the real estate market as a consultant, developer and CEO, is joining the real estate group Českomoravská Nemovitostní (ČMN). He gained his experience, for example, as Country Manager for Immofinanzor as CEO of BNP Paribas Real Estate. Karel Bor studied economics and received his MBA in Glasgow, Scotland.

With his appointment as CEO, Bor will be responsible for managing the entire company - from business development to asset and property management to coordinating corporate activities and shaping the overall company strategy. With the new leadership, CMN has ambitions to consolidate its market position and become a leader in office building management and leasing. The move follows the Czech real estate group's recent appointment of Richard Britten-Long as Chairman of the Supervisory Board, confirming its ambitions not only in the Czech market.

"It is a great opportunity and challenge for me to become part of the real estate group ČMN. My goal is to strengthen the position of the real estate group ČMN on the market. I am very pleased to be able to offer the group my many years of experience and expertise in commercial real estate. I am looking forward to all the opportunities that this cooperation will bring," comments Karel Bor on his arrival.

Českomoravská Nemovitostní (ČMN) is a Czech real estate group founded in 2016. It specializes in long-term investments and the management of well-located commercial properties of premium quality. Its strategy is based on consistent profit generation based on stable rental income. The total value of assets under management is more than CZK 13.5 billion and the total leasable area has reached 150,000 sqm. It is currently one of the five largest office space providers in Prague.