The ČMN real estate group thus remains exclusively in the office real estate segment. "Last year confirmed to us that office buildings are among the most stable segments of commercial real estate. We continue to believe in this sector. The favorable trend is also evidenced by the current return of employees to offices, which we monitor in our own buildings, "says Radek Stacha, Chairman of the Board of ČMN.
"This transaction illustrates the trend of growing investment power of Czech capital, which this year has the ambition to have a share of over 70% of the volume of office investments in the Czech Republic, which would be the highest share. Congratulations on the successful business of three office buildings. Despite the fact that these are not newly built buildings, the location ensures long-term high occupancy of buildings, as the Křižíkova address is one of the most popular in Prague due to its availability and facilities, "comments Vítězslav Doležal, Director in the investment department of CBRE, which mediated.
ČMN aims to diversify its portfolio
With the current purchase of buildings, the size of the portfolio managed by ČMN has reached almost 150,000 m2. In addition to CPI and Passerinvest, the company is thus one of the largest local holders of office space in Prague. The character of the individual buildings is diverse - in addition to important projects such as Churchill Square above the main railway station or the BLOX building in Prague 6 in Dejvická, ČMN has now targeted historic office buildings in Karlín.
"By diversifying the buildings in our portfolio, we want to offer potential tenants more types of offices. All with a convenient location and transport accessibility directly on the metro lines. In the case of this acquisition, the Karlín site has also fascinated us with its dynamic development in recent years and the promise of potential in the near future, ”added Stacha.
The giants are behind the architecture
The original Corso Karlín building was built in 1890 and is part of the ambitious plan of Nový Karlín, which consists in the renovation of the former Karlín industrial area ČKD. Corso Karlín is a former industrial hall nicknamed the "tin factory", which the world-famous architects Ricardo Bofill Levi and Jean Pierre Carniaux transformed into a modern, purposeful office building.
The architect of the other two Karlín office buildings, Zirkon and Apeiron, is Václav Aulický, who became more widely known by designing the controversial Žižkov Television Tower, one of the tallest buildings in Prague. All three buildings fit into the company's strategy, which also takes into account the original and unique architecture and nature of the buildings.
