The agreement between the Czech private equity group PPF controlled by billionaire Petr Kellner and developers CPI about the sale of seven of the real estate group’s companies may well influence negotiations over where the Supreme Audit Office (NKÚ) will be headquartered. The book value of the Tokovo building, including land, where it now sits is Kč 1.1 billion; many MPs say it’s a steep price to pay.
Colliers International appointed Omar Sattar as managing director of the Czech office, effective from April 2011. Current managing director Karel Stransky is taking the newly created post of international director of CEE industrial agency. Colliers also named Christopher Sheils as head of investment services in the Czech office as of April 2011. He is taking over from Radek Cerha, who will pursue opportunities outside of Colliers.
Jan Kotaška joined the property management team of real estate service firm Jones Lang LaSalle’s as a senior property manager in Prague as of January 2011. Nika Frouzová was appointed the new head of PR and marketing at Jones Lang LaSalle. Kotaška has four years’ experience in property management, while Frouzová previously worked for the global PR agency Grayling.
Cushman & Wakefield has gained two new members to their Office Agency Team. Kateřina Rýznerová will represent owners on the regional market while David Ešner will be representing tenants. Both bring years of experience in the real estate industry to their new posts.
NKÚ president František Dohnal is locked in battle with members of a parliamentary auditing committee over whether to extend an exisiting lease or find a new home for the Supreme Audit Office. Dohnal was already persona non grata among MPs for having barred them accesss to NKÚ’s books — and due to his allegedly improper use of luxury flats and cars at taxpayer expense.