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SHOPPING GUIDE

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01_OBECNA_PARTNERI_TIT_7apulmmAL1 101_OBECNA_PARTNERI_TIT_7apulmmAL1 1 23.2.2009 7:57:1723.2.2009 7:57:17

ARTA_inzerat_LSG_215x275mm+3mm spad_2.indd 4-5 8.2.2009 21:45:55000_000_ARTA_IM_dvoustrana.indd 88000_000_ARTA_IM_dvoustrana.indd 88 9.2.2009 11:25:509.2.2009 11:25:50

ARTA_inzerat_LSG_215x275mm+3mm spad_2.indd 4-5 8.2.2009 21:45:55000_000_ARTA_IM_dvoustrana.indd 89000_000_ARTA_IM_dvoustrana.indd 89 9.2.2009 11:26:039.2.2009 11:26:03

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Doporučujeme We recommendCornlofts Šaldova – Real Estate Karlín Groupwww.cornlofts.cz

Františkánská zahrada – CEE Property Development Portfolio B.V.www.frantiskanskazahrada.cz

Rybná 15 – Arta, spol. s r.o.www.prague-lofts.cz

Nový Svět Benice – Orco Property Group www.orco.cz/novy-svet-benice.html

Liliová 8 www.liliova8.cz

Masná 15 – FIM Group, s.r.o.www.masna15.cz

Projekt Rezidence Skála – LAAX Developmentwww.laaxdevelopment.cz

„Do této chvíle developera dělal prakticky kdokoli, ale krize trh vyčistí. Ti silní budou ještě silnějšími, pár slabých zanikne a hod-ně developerů se bude muset rozhodnout, na který segment se dlouhodobě zaměřit. Už nebudou stavět všechno možné, ale začnou se více specializovat. Karlín Group například odjakživa věnuje pozornost jen dvěma segmen-tům, kterým nejlépe rozumí – luxusní bydle-ní a ‚áčkové‘ kancelářské budovy,” vysvětluje Milorad Miš kovič.

In September 2008 the capital mar-kets thudded to earth, with far-reaching consequences. Nevertheless, those investing in up-market residential properties need not worry. Quite the contrary, says Milorad Miškovič, sales and marketing director of property developer Real Estate Karlín Group: “Luxury apartments make up about 5 percent of the new Prague flats built annually. I the-refore don't expect this segment to have any sizable problems when the financial crisis finally hits here. There are not many such flats here because of a lack of available loca-lities while high-quality renovations of old buildings in the centre can not compete with newly-built exclusive residential properties as they can't offer sufficient parking spaces, terraces or caretaker property management.

You won't lose out if you buy a luxurious living space. If you take a look at current prices of new central Prague apartments they may seem to involve a lot of money but the Prague 1 new flats offer will never get better than now, simply because there is no building space left. The latest Prague 1 modern deve-lopment is Myšák Gallery with its exclusive Franciscan Garden Residence project. We will have to wait a long time for another one. The only potential building plot in the centre which I am aware of is the parking lot behind the Convent of St Agnes of Bohemia. But it's only good for about 20 flats. What difference could 20 luxury flats make in Prague during the next 20 or 40 years?” In Milorad Miškovič's eyes, the financial crisis can only positively affect the local luxury pro-perty market: “Until now, practically anyone could be a property developer. The crisis will clean up the market. Stronger players will become ever stronger while a few weak ones will go under. Quite a few will have to decide which market segment to focus on. They will specialise more. Karlín Group, for example, has always only paid attention to the two seg-ments it understands best – luxury living and 'category A' office buildings.”

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94 | DESIGN | LUXURY SHOPPING GUIDE

01. Cornlofts Šaldova – Real Estate Karlín Group 02. Liliová 8 03. Nový Svět Benice – Orco Property Group 04. Projekt Rezidence Skála – LAAX Development

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