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Svoboda & Williams’ commercial leasing team negotiated the sale of a vast multifunctional complex in an industrial zone on the edge of Prague 10. The team’s agents managed to successfully increase the final selling price.
The large commercial complex right by the exit on the route from Prague to Kutná Hora consists of production, warehouse, and administrative sections, accommodation space, and empty areas. After restructuring, the Austrian company Prominent closed down its production in Uhříněves, after which a larger portion of the complex remained unused. In the end, the company decided to withdraw completely from the Czech Republic and sell off its assets. “We reached out to a wide range of potential buyers and at the subsequent sale by bidding we managed to increase the sale price by more than 10% than the offer price, which was available to the client before signing an exclusive representation agreement with our company,” says Jiří Čadek, senior consultant at Svoboda & Williams.
“The new owner saw the enormous untapped potential of this complex on the Prague – Kutná Hora route. After winning the tender, the company got right to business—it renegotiated the terms of the current rental agreements, signed new ones, and placed containers on the unused space that are also for rent,” adds Čadek.
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Svoboda & Williams is strengthening its position and widening its range of activities abroad. Its team of experts has therefore welcomed International Property Consultant...
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Svoboda & Williams’ portfolio newly features interesting investment opportunities in the largest real estate market in Europe. The current economic situation in Germany b...