www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz
Real Estate Committee
held on September 18, 2015
Minutes
Discussed topics:
1)
List of Attendees
2)
Next Real Estate Committee events
3)
Planning events for Q3-Q4 2015
4)
Update on PSP (Pražské stavební předpisy)
Ad 1) List of Attendees
Surname
Name
Position
Company
Email
Andreoli
Romain
General Manager
OPTIMAL Facility s.r.o.
r.andreoli@optimalfacility.eu
Bartoš
Kryštof
CEO
B organization s.r.o.
bartos@b-organization.com
Matoušek
Václav
Managing Director
LORDSHIP a.s.
Vaclav.Matousek@lordship.eu
Svoboda & Williams
Meier
Špirk
Richard
Robert
Partner
s.r.o.
Co-owner,
FRONTIER
richard.meier@svoboda-williams.com
International Trade
TECHNOLOGIES, s.r.o.
robert.spirk@frontier-technologies.eu
Advisory
Mailing list
brent.watkins@svoboda-williams.com
Business Development
White Star Real Estate
guilds.christopher@whitestar-
Director Real Estate
Watkins
Brent
Guilds
Christopher
Director
s.r.o.
realestate.cz
Fabián
Tomáš
Lawyer/Transactions
Skanska a.s.
Tomas.Fabian@property.skanska.cz
DELTA legal, advokátní
Fára
Pavel
Partner
kancelář s.r.o.
pavel.fara@deltalegal.cz
Hesselink
Bert
Operations Director
CBRE s.r.o.
bert.hesselink@cbre.com
Kinstellar, s.r.o.,
Lehký
Jan
Advokát
advokátní kancelář
jan.lehky@kinstellar.com
Senior Consultant Marhoul
Michal
Residential
JLL (Jones Lang LaSalle)
michal.marhoul@eu.jll.com
Novotný
Ondřej
Head of Research
JLL (Jones Lang LaSalle)
ondrej.novotny@eu.jll.com
Vlasák
Petr
Financial Director
SATPO broker s.r.o.
vlasak@satpo.cz
Ad 2) Next Real Estate Committee events
14
How to Make Money on Investments into Residential Real Estate?
Oct
AmCham offices, Dušní 10, Prague 1 (9.00-11.00am)
11
Real Estate Committee
Nov
AmCham offices, Dušní 10, Prague 1 (9.30-10.30am)
-
Update on the Amendment of Building Act by Jan Lehký (news, challenges..)
-
Possibly update on PSP by Václav Matoušek
Ad 3) Planning events for Q3-Q4 2015
1. How to Make Money on Investing into Residential Real Estate?
Topic to be split into 2-3 separate panel discussions (market, investments, aspects)
Corporate Patrons
3M Česko – AIG/Lincoln CZ – American Express – Aon Central and Eastern Europe - AVAST Software - Boston Scientific ČR – Citibank Europe –
Coca-Cola ČR – Constellation – CTP Invest - Československá obchodní banka – Deloitte - DSA – Ernst & Young – GE Money Bank –
Hays Czech Republic – Hilton Prague & Hilton Prague Old Town – Honeywell – Huawei Technologies (Czech) – Hudson Global Resources –
IBM Česká republika – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company –
Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – Passerinvest Group – Philip Morris ČR –
Philips Česká republika – Plzeňský Prazdroj – PricewaterhouseCoopers ČR – Provident Financial - Radisson Blu Alcron and Park Inn Hotels Prague & Ostrava –
redtoo – Rockwell Automation - Squire Patton Boggs – SWEPCO – T-Mobile Czech Republic - UniCredit Bank Czech Republic –
Veeam Software – Vienna International Hotels & Resorts – Vodafone Czech Republic – Weil, Gotshal & Manges – White & Case –
White Star Real Estate – XEROX CZECH REPUBLIC – Y SOFT Corporation - Zátiší Group
www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz
Real Estate Committee
held on September 18, 2015
Minutes
1st panel:
How to Make Money on Investing into Residential Real Estate
Date & Time: 14 October 2015 (9-11am)
Venue (changed): AmCham offices, Dušní 10, Prague 1
-
speakers:
o
Residential markets in EU countries; Prague market in detail: trends, segments and prices
(Deloitte: Michal Melč / Bedřich Skalický)
o
Price-to rent ratios (JLL: Michal Marhoul)
o
„Residential real estate vs. other investment alternatives“ (Satpo: Petr Vlasák)
o
Investments: (Svoboda & Williams: Richard Meier / Brent Watkins)
2nd panel:
. Investment Strategies

Individual investments (long term rental): (B-Organization: Kryštof Bartoš)
o
“It will be best for me to have a short pressentation for this topic, rather then discussion
panel. I would like to show to the audience couple slides. And after that, give them a
bonus of ebook with more information about my topic. I thing that I am not able to talk
about it how I plan it in discussion.”
o
“If I have same deals on the table in the time of this event I can offer audience the
participation on some investment opportunities.”

Individual investments (short term rental): (.........)

Syndication: (Svoboda & Williams: Richard Meier / Brent Watkins)
3rd panel:
Different aspect of investing into residential real estate
Date & Time & Venue to be confirmed
Speakers to be finalized:

Legal (Delta Legal: Pavel Fára or Lydia Schmidtová)
o
Tips and tricks - negotiation of a resi lease;
o
What is considered as a long term lease and a short term lease;
o
What regulatory requirements should not be forgot about (eg trade licence, reporting duty
to the Foreign Police);
o

Liability for damages of the investor (flat owner).
Tax (PwC Legal: Marek Kreisl) – will confirm the name of the speaker
o
“PwCL would probably add a few slides as to the various investment vehicles that may be
used in the context of RE investments and also cover what are the key points to know
when an entire building or land is purchased as opposed to a single apartment. I will
speak with Mike Mullen separately as he may have some additional thoughts on this.
Our tax colleagues would cover (briefly) the VAT and income tax aspects of such
investment.”
Corporate Patrons
3M Česko – AIG/Lincoln CZ – American Express – Aon Central and Eastern Europe - AVAST Software - Boston Scientific ČR – Citibank Europe –
Coca-Cola ČR – Constellation – CTP Invest - Československá obchodní banka – Deloitte - DSA – Ernst & Young – GE Money Bank –
Hays Czech Republic – Hilton Prague & Hilton Prague Old Town – Honeywell – Huawei Technologies (Czech) – Hudson Global Resources –
IBM Česká republika – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company –
Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – Passerinvest Group – Philip Morris ČR –
Philips Česká republika – Plzeňský Prazdroj – PricewaterhouseCoopers ČR – Provident Financial - Radisson Blu Alcron and Park Inn Hotels Prague & Ostrava –
redtoo – Rockwell Automation - Squire Patton Boggs – SWEPCO – T-Mobile Czech Republic - UniCredit Bank Czech Republic –
Veeam Software – Vienna International Hotels & Resorts – Vodafone Czech Republic – Weil, Gotshal & Manges – White & Case –
White Star Real Estate – XEROX CZECH REPUBLIC – Y SOFT Corporation - Zátiší Group
www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz
Real Estate Committee
held on September 18, 2015
Minutes

Financing (SCF: Josef Malíř)
2. Should I lease or should I own?
Companies facing the question of owning an office building or renting it.
What to do with a cash?
Flexibility is a crucial thing
To be discussed further during the next Committee
a.
Tax
b. Legal
c.
Finance
d. Commercial aspects
3. Return on Investments into increasing Energy Efficiency
Bert to get in touch with Robert Špirk whether there are some ideas how to present the topic to the wider
membership.
What´s the common sence in this.
Does it make sence now to invest money into increasing energy efficiency?
Ad 4) Update on PSP (Pražské stavební předpisy)
Václav Matoušek of Lordship

The real estate task force led by Václav Matoušek is preparing a position paper on the PSP. At this
stage, Václav will collect input from the real estate developers active within AmCham including
Lordship, Skanska, Passerinvest and CTP. Any member of the Committtee or AmCham is of course
more than welcome to deliver comments as well.

http://zastupitelstvo.praha.eu/ina2014/tedusndetail.aspx?id=254119
Contacts for companies interested to be the part of commenting:

Václav Matoušek, Lordship: Vaclav.Matousek@lordship.eu, 724760862

Veronika Szentiványiová, AmCham: Veronika@amcham.cz, 602790012
Corporate Patrons
3M Česko – AIG/Lincoln CZ – American Express – Aon Central and Eastern Europe - AVAST Software - Boston Scientific ČR – Citibank Europe –
Coca-Cola ČR – Constellation – CTP Invest - Československá obchodní banka – Deloitte - DSA – Ernst & Young – GE Money Bank –
Hays Czech Republic – Hilton Prague & Hilton Prague Old Town – Honeywell – Huawei Technologies (Czech) – Hudson Global Resources –
IBM Česká republika – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company –
Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – Passerinvest Group – Philip Morris ČR –
Philips Česká republika – Plzeňský Prazdroj – PricewaterhouseCoopers ČR – Provident Financial - Radisson Blu Alcron and Park Inn Hotels Prague & Ostrava –
redtoo – Rockwell Automation - Squire Patton Boggs – SWEPCO – T-Mobile Czech Republic - UniCredit Bank Czech Republic –
Veeam Software – Vienna International Hotels & Resorts – Vodafone Czech Republic – Weil, Gotshal & Manges – White & Case –
White Star Real Estate – XEROX CZECH REPUBLIC – Y SOFT Corporation - Zátiší Group