References
Logicor Park Prague Airport
M7 Portfolio
Case study
Client:
m7 Real Estate Czech Republic
Location:
Czech Republic
GLA:
73,300 sq m total portfolio
Our services
Challenges
IGY centrum České Budějovice
Case study
Client:
CPI Property Group
Location:
České Budějovice
GLA:
19,600 sq m / 29,000 sq m
Our services
Long-term complex Property Management covering:
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
Orlice Park Shopping
Case study
Client:
Redside
Location:
Hradec Králové
GLA:
22,000 sq m
Our services
Long-term complex Property Management covering:
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.
Anděl Park
Case study
Client:
GLL Real Estate Partners (since 2013) / SEB (since 2009)
Location:
Prague, Czech Republic
GLA:
23,000 sq m
Our services
Long-term complex Property Management covering:
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
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.
