Savills Czech Republic & Slovakia, which provides advisory services in the commercial real estate sector, has announced that in March 2025 it will move its headquarters to new office space in the Masarycka project in the center of Prague.
According to Savills, the “additional 50% floor space will give it the foundation to expand its headcount towards 100 employees over the next phase of the business.”
“The Czech Republic is recognized as a stable economy, making it a trusted market for commercial real estate operations,” said Stuart Jordan, the CEO of Savills CEE. “Savills entry into the Czech market in 2017 was a strategic and logical decision, and it has proven to be highly successful. The company’s growth and the expansion of its service offerings are clear indicators of this success. I am confident that our professional and experienced team will be able to thrive in such a prestigious building, and the modern work premises will provide an exceptional environment for our clients, existing staff and prospective employees. The new offices at Masarycka symbolically marks the beginning of the next chapter for Savills.”
The Masarycka project, which was completed by Penta Real Estate in 2023, was designed by Zaha Hadid Architects. It consists of two buildings with unique architecture, offering AAA-class office spaces and two floors of premium retail areas. Both Masarycka buildings have received LEED Platinum certification for green buildings.
“Masarycka is our flagship, world-class project, there is no building of similar caliber in Prague during the last quarter of a century,” said Penta Real Estate Business Director Pavel Streblov. “The wider surroundings of Masaryk Railway Station is changing from a neglected brownfield into a modern business district, a popular location for leading Czech and international companies. We are glad that Savills also join the club. The offices in Masarycka are currently completely sold out.”