www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz CITY DEVELOPMENT Real Estate Task Force January 28, 2016 - Real Estate Task force: o Václav Matoušek, Managing Director, Lordship o Michal Melč, Real Estate Director, Deloitte o Ian Bryan, Owner, Ian Bryan Architects o Bert Hesselink, Business Development Director, CBRE Goals / Objectives Objective: - To analyse the current development situation and come up with recommendations for improvements. - To focus on 2 areas to help frame the debate: o Put City development in the historical context particularly for Prague, to say it´s nothing new, look at the best historical examples (such as the development of Vinohrady). Look at the current situation as a comparison (i.e. the current regulatory framework doesn´t allow “Vinohrady” and often fights against producing better and more economic development). How does Heritage protection in Prague compare with other best practice examples? o Look at development as an economic contributor to the CZ economy and stress its importance. Goal: - To come up with recommendations in areas which could be improved. The 1st event – the round table with Arch. Hlavacek from Ipr would be a good kick off for the above. Description of topics to focus on in 2016: 1. History of development. a. Showing the development through the last decades and centuries. b. Explain that the development has always been here and always has been a driving force for the prosperity of all people. c. Focus on few people in history, who were in fact sort of developers/investors. d. Show how fast and massive was the development of Prague in certain years and what was achieved. 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 – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company – Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – OREA HOTELS & RESORTS, Member of CIMEX Group - 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 – Y SOFT Corporation - Zátiší Group www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz CITY DEVELOPMENT Real Estate Task Force January 28, 2016 e. Work on comparing what was possible earlier and how beneficial it was compared to today´s restrictions of hygiene norms, noise, light, building regulations etc. Suggested faces: Adam Gebrian - architect of the year 2015; very well known for his analysis / criticism of buildings / urban design in CZ through his Gebrian Versus series of documentaries. o To get better know his opinions and ideas. o To arrange a meeting with him to discuss the themes we agreed. Zdeněk Lukeš - as a person who is well presented and perceived on the market; would be good to talk about the heritage issues; may be to generate a more enlightened approach to preservation – as Vienna. Tomáš Ctibor (ex-IPR) Petr Hlaváček (IPR) Henry Hansen - US urban planner / Landscape architect and professor at CVUT; might be interested or could suggest someone from their department David Tichý – person behind PSP drafting, spent lot of time comparing other countries regulatory systems Arch. Lábus 1st activity: Roundtable discussion with Mr. Petr Hlaváček. Pre-agreed dates are 25 February or 10 March (2-4pm) – concrete day will be confirmed soon. The roundtable will be held in English and based on IPR requests should be open to the whole membership. Therefore, we should limit the number of attendees up to 15 spots so we are able to fit to our roundtable. The discussion will include: 1. Metropolitan plan (up to 20min presentation with following discussion) 2. Strategic Prague plan (up to 20min presentation with following discussion) 3. AmCham presentation on Real Estate Committee activities and views in the area of city/regional development 2. What is the real impact of Real Estate on the state, city, companies, economics? What are the benefits? a. Show, how important is to be getting international and local investors, how much is generated from 1 invested CZK or EUR. How many people are involved in a typical real estate project. What is the impact on society. 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 – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company – Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – OREA HOTELS & RESORTS, Member of CIMEX Group - 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 – Y SOFT Corporation - Zátiší Group www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz CITY DEVELOPMENT Real Estate Task Force January 28, 2016 Suggested faces: David Marek, Deloitte chief economist Charles university? CzechInvest Ministry of finance, Ministry of trade? Patria Finance or Roklen Why these topics? - We agreed that we will suggest to work on two topics for this year. We won´t manage to work on more topics as we want to do that in the best way and we expect that it will take a lot of energy, time and effort. - Topics are positive, not controversial and definitely interesting for medias if managed well. - Topics are interesting for quite large group of people including students, academics, medias and city and government officials. - There are many and various restrictive regulations which lead to bad buildings, bad urban spaces, uneconomic development and which encourage developers to seek out easier sites outside centres rather than more difficult brown field sites. This is unsustainable. As I mentioned Vinohrady could not be permitted today even though its considered to be one of the most sought after locations. To put a positive stance on the topic and not to look too negative I would like to frame the debate around the quality of these traditional Prague districts as a model for urban development which is recognised throughout the world but no longer possible here. Steps to be taken: - Develop the topics and spread them over RE Committee to get the help with organizing agreed activities - Communication & PR plan o We generally think that we need to work with PR and communication much more that till today. We will aim for positive PR and proactive cooperation with government and other organizations, we think that this can be explained. The way is to get some very good and interesting topic, get the right people attractive enough to talk and also attractive for journalists and build on that. 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 – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company – Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – OREA HOTELS & RESORTS, Member of CIMEX Group - 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 – Y SOFT Corporation - Zátiší Group www.amcham.cz / www.czechmarketplace.cz / www.czechcompete.cz CITY DEVELOPMENT Real Estate Task Force January 28, 2016 o For example, Deloitte will soon publish the analysis of their research among the RE market, based on that they will their own marketing and communication. We, AmCham, can later take the results, see what part of it is useful for our topics and use it for our communication. o To team up with Hospodářské noviny on both points Last year they started a new multimedia project including magazine supplement to the newspaper and a video on a Prague district. Last year they did Karlin (http://mam.ihned.cz/c1-64146390-karlin-ve-trechpodobach-hospodarske-noviny-prinesly-novy-multimedialni-projekt) and Smíchov (http://archiv.ihned.cz/c1-64899880-muj-smichov). Next one up should be Pankrác. As part of these special supplements, HN also prepared these videos: Smíchov https://www.youtube.com/watch?v=w2pycDR6KJg; Karlín https://www.youtube.com/watch?v=Xvo_JYhJaH8. Deloitte and Skanska were partners on the one on Karlin. CBRE are general partner and we sort of cofounded the idea with HN. Sooner rather than later we will run out of interesting Prague districts so they can then put a slighter wider or different angle on the topic. Set up a meeting with the person in HN responsible for this to exchange thoughts if and how AmCham can become a partner and contribute? The person at HN to discuss cooperation with is Michaela Marková (michaela.markova@economia.cz, 727831427). o Meeting with her can be set up to discuss this. Joint meeting with journalist Martina Marečková of HN would be good. To team up with other relevant newspapers (E15,…) 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 – Johnson & Johnson – KPMG Česká republika – Manpower – Marriott International Hotels – MARS CZECH - McKinsey & Company – Medtronic Czechia – Merck Sharp & Dohme – Microsoft – Opel Southeast Europe - Oracle Czech – OREA HOTELS & RESORTS, Member of CIMEX Group - 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 – Y SOFT Corporation - Zátiší Group