
Cushman & Wakefield have newly become the manager of two Class A office buildings: Keystone in Prague 8 and Smíchov Gate in Prague 5. Both properties are situated in locations popular on the office market where lease volumes have been the highest this year. Prague 5 accounted for 16% of the total volume and Prague 8 for 15%.
Cushman & Wakefield have been providing facility management for the Keystone since this August. It is the first property managed for Amundi. Cushman & Wakefield provide a comprehensive set of services to Amundi, including the purchase of properties, strategic asset management, property management, project management and leasing. At this moment, 100% of the offices in this Art Deco building with a floor area of approximately 6 500 sqm have been taken up.
Smíchov Gate was entrusted to Cushman & Wakefield by its owner, Redside, the manager of the NOVA Real Estate open-ended fund. Cushman & Wakefield facilitated the sale of the property in 2016. Smíchov Gate has a floor area of 13 300 sqm and is a Class A office building located in Prague 5 – Anděl, one of the most sought-after office locations in Prague. The property is situated close to the Nový Smíchov shopping centre and its occupiers include Hochtief, Cardiff pojišťovna and Notino. Cushman & Wakefield also manage the Anděl Park and Zlatý Anděl properties in Prague 5, a quarter with a high concentration of companies. The company has also arranged for both buildings to obtain the BREEAM In Use environmental certificate.