1 / 21

October 5, 2006

October 5, 2006. Presented by: Adam Sherriff-Scott +420.221.451.518. WHO WE ARE “We accelerate your success by making our Knowledge your Property. Colliers International A Global Partnership.

tekli
Télécharger la présentation

October 5, 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. October 5, 2006 Presented by: Adam Sherriff-Scott +420.221.451.518

  2. WHO WE ARE “We accelerate your success by making our Knowledge your Property

  3. Colliers International A Global Partnership • Established in 1898, Colliers is one of the leading commercial real estate organizations in the world. Our partners bring strong, stable local ownership and entrepreneurial and creative solutions together throughout the world.  • Over 9,000 employees worldwide in 241 offices in 54 countries on 6 continents (130 in the Americas, 65 in Europe, Middle East and Africa (EMEA) and 46 in Greater Asia) • Colliers completed 31,394 leasing transactions in 2005 with a value of $18 billion. • Colliers completed 8,685 sales transactions in 2005 with a value of $37 billion. • Colliers has 595,725,580 square feet under management. • Annual revenues exceeding $1.4 billion

  4. COLLIERS INTERNATIONAL CENTRAL AND EASTERN EUROPE (CEE) • Established in 1991 – Budapest • Established in 1994 - Czech Republic • Leading real estate services provider in the region • Services We Provide:- Investment Sales- Office Leasing- Industrial Leasing-Valuation & Consulting • 250 employees • 14 regional offices

  5. COLLIERS INTERNATIONAL CORPORATE SERVICES Integrated Real Estate Solutions

  6. COLLIERS INTERNATIONAL- CEE REGION SELECTED CLIENT LIST Providing service to satisfied clients in the Czech Republic for over ten years

  7. ECONOMIC OVERVEW

  8. …growing economies = declining unemployment UNEMPLOYMENT FIGURES FOR CEE REGION 2006 2002 2003 2004 2005 Country: 7.8% 7.1% 18.2% 6.5% 11.6% 10.2% 7.3% 5.8% 19.7% 10.2% 17.8% 12.2% 8.1% 5.9% 19.9% 7.6% 15.2% 11.3% 8.2% 6.0% 19.6% 6.8% 14.3% 10.9% 7.9% 7.6% 17.6% 6.8% 11% 10.0% Czech Republic Hungary Poland Romania Slovakia AVERAGE Source: Experian

  9. …GDP growth in the Czech Republic & the CEE Region GDP GROWTH IN THE CEE REGION 2004 2005 2006* 2007* 2008* 4.5% 4.6% 3.9% 5.0% 4.3% 4.3% 4.8% 3.8% 4.8% 5.1% 5.0% 4.5% 4.3% 5.0% 5.1% Czech Republic: Poland Hungary Romania Bulgaria 6.0% 3.2% 4.1% 4.1% 5.5% 4.0% 5.3% 4.0% 8.3% 5.7% *Figures are forecasted Source: Experian

  10. ….positive economic fundamentals= A STRONG INVESTMENT CLIMATE Investment Risk Ratings in the CEE Region are Strong Across the Board *Source: Czech National Bank, December 2005

  11. CZECH REPUBLIC MARKET SUMMARY

  12. BERLIN340 km WARSAW750 km PRAHA BUDAPEST450 km VIENNA250 km MUNICH385 km CZECH REPUBLIC – LOCATION MAP Czech Republic: Located in the heart of Central Europe!!

  13. PRAGUE - GENERAL LOCATION OVERVIEW • NOTABLE STATISTICS • Prague= 10% of CZ population and 20% of GDP • 3.5% unemployment compared to 7.9% overall inCzech Republic • Average monthly wages of 18,297-20,036 CZK compared to 14 500 CZK nationwide • LARGEST CITIES POPULATION • Prague: 1 200 000 • Brno: 400 000 • Ostrava: 320 000 • Plzen: 164 000 • Olomouc: 106 000 • Hradec Kralove: 100 000 • Ceske Budejovice: 98 000 Snapshot of the ten districts that make up Prague

  14. OFFICE MARKET OVERVEW

  15. 2Q 2006 Office Market SnapshotPrague Key 2Q 2006 Stats – Prague Office Market *Source: Prague Research Forum

  16. 2Q 2006 Office Market SnapshotCzech Republic • The Office market has stabilized in Czech Republic, especially in Prague. • Declining vacancy rates solidify strong demand from both new foreign demand and organic growth of existing companies, even with many new developments. • Strong office construction activity in Prague could lead to a temporary flattening in vacancy rates for the immediate future due to increased demand. Office Market - Average Rent (€/m²/month) Sources: CBRE, Prague Research Forum

  17. Major Office Deals in Prague - 2006 Source: CiJ – September 2006 Larger leases are being signed: overall average leased space in Prague for 2Q 2006 increased to 1,168 m², from 734 m² in 2005.

  18. Office development…on the rise Major Projects in Prague - 2006

  19. Regional secondary office market growth due to higher demand, lower rental rates, ample labor supply and lower wages Institutional investors and developers looking to negotiate longer-term lease contracts, while National and International companies are looking for more flexible opportunities Larger-sized leases being signed in 2006 Development of brownfields in Prague is gradually changing the face of the city Key Market Trends

  20. Increased office supply across the Prague region could potentially create a slight increase in vacancy rates. Foreign investment money will continue pouring into the CEE Region for the foreseeable future Strong absorption, continued economic growth and job creation will add to demand for new construction in growing secondary markets like Brno and Plzen. Adoption of the Euro will likely be delayed until 2012 or 2013, which could benefit the Czech economy and lead to further strengthening of the Czech crown. 12-Month Forecast

  21. For Additional Information, contact: Adam Sherriff-Scott Director, Office Leasing & Tenant Representation adam.sherriff-scott@colliers.cz Tomas Fencl Senior Consultant, Office Leasing & Tenant Representation tomas.fencl@colliers.cz Mark Forward Senior Consultant,Tenant Representation mark.forward@colliers.cz Meagan Caldwell Marketing meagan.caldwell@colliers.cz Filip Rerko Research filip.rerko@colliers.cz

More Related