International Property News
Immorent CR lays cornerstone
12th May 2008
Futurama Business Park, a new office complex being developed by Immorent CR in Prague 8Karln,
has had its cornerstone laid.
The ceremony was performed by Pavel Penk, a councillor of Prague 8, Immorent CR CEO Tom Velemnsk and
project development manager Petr Kabelka.
The fourth godfather of the stone was architect Vladimr Krtk.
Construction began on the site in April. One month after the start of the first stage, after finishing groundwork,
we are putting concrete at the bottom of the first office building of the project, Velemnsk said.
The first stage includes construction of two buildings providing 16,000 square meters of office area,
which is planned to be completed by the middle of 2009.
Immorent has been operating on the
Czech market since 1997.
According to the Czech Leasing and Finance Association (CLFA), the companys volume of new business in 2007
grew over Kc 6 billion (238.6 million).
Immorent CR is a subsidiary of Austrian company Immorent, which is one of the three largest leasing companies on the Austrian market and part of finance group Erste Bank.
Fulnek chateau for sell
Zmek Fulnek, a chateau in a town of the same name in North Moravia, is being sold at auction.
The starting price is Kc 8 million for the complex of buildings and
land.
The company that is putting the chateau up for auction is Sprva Lesu Fulnek (Forest Administration Fulnek).
The reason for the auction is the continuing decay the building, as the forestry firm lacks funds for its upkeep.
The auction will take place May 27 in Brno, South Moravia.
Historically, the chateau used to be the seat of the Lords of Kravare and erotn,
and the buildings history goes back to the 13th century.
The town became famous thanks to the stay of Czech teacher, scientist, educator, and writer Jan Amos Komensk between
1618 and 1621.
Residence Albertov awaiting first tenants
The development division of Austria-based CTR Holding, though its subsidiary CTR Albertov,
is building a residence called Albertov Rental Apartments in Prague 2Vyehrad.
It already has its first inhabitants.
The whole complex consists of six buildings between three and seven stories with 269 flats available.
A 24-hour reception desk can help with arranging services.
The project is unusual as all the flats are intended for lease instead of sale.
The buildings include underground parking, and the complex includes a shopping center with a two-floor restaurant,
supermarket, pharmacy, optician and a modern caf. The project should be finished in the end of June 2008
Source: CBW
