Announcment

we at KARLIN PORT REAL ESTATE are delighted to announce that we successfully supported our business partners from company ARENDON to achieve project financing for the first phase of THE OAKS PRAGUE, a EUR 400 million extraordinary high-end residential, hotel and golf development in the village of Nebrenice, southeast of Prague.

13. 10. 2017
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Dear Colleagues and Friends,

we at KARLIN PORT REAL ESTATE are delighted to announce that we successfully supported our business partners from company ARENDON to achieve project financing for the first phase of THE OAKS PRAGUE, a EUR 400 million extraordinary high-end residential, hotel and golf development in the village of Nebrenice, southeast of Prague.

EUR 50 million facility from Raiffeisenbank for THE OAKS PRAGUE project is one of the largest residential development financings to date in the Czech Republic. We at KARLIN PORT REAL ESTATE are very happy to be an important part of such a unique transaction.

We help big to become bigger. In that way we become bigger too.

Arendon Development Company and Aredon, owner of the scheme, are the Czech sister companies of Decimus Real Estate, a global real estate developer based in London.

The luxury development is already under construction on 140 hectares of land, 20km southeast of the Czech capital.

The project features 250 homes and a boutique hotel, wellness and spa centre. There is also a PGA National golf course, to be operated by Troon International; a country club; equestrian centre; tennis academy; kindergarten and further services and amenities.

The world-class architects who have developed designs for Oaks Prague include Richard Meier, Eva Jiricna and John Pawson.

Oaks Prague will be home to Europe's first 'Smart Village', powered by T-Mobile. T-Mobile is developing a technological and philosophical smart home concept for the residential project. The aim is to create a digitally connected environment for residents to offer a high standard of living and pleasant housing.

There will be a village-wide portal, enabling neighbours to communicate, book all activities and services as well as provide information on traffic and local events.

More info on the project you can find at the http://www.theoaksprague.cz
 

Mr. Milorad Miškovič is a real estate professional with 22 years experience in Prague, Czech Republic and SEE real estate markets. He began his career working with Muller International and thereafter with Jones Lang LaSalle, one of the leading real estate advisory groups. He later was director and then partner of the leading Prague investment and development company, Karlin Group. Afterwards Mr. Miškovič was CEO for business development of Prague's leading residential development groups, Daramis Group. Mr. Miškovič is a founding partner in Karlin Port Real Estate, ECP Real Estate, Glen Club Energy, PanContinental Group and Fidelity Group. He is currently engaged as the advisor to Mr. Luděk Sekyra, the chairman of the Sekyra Group.

Mr. Miki Goldshtein is a real estate professional with more than 13 years experience in Prague, Czech Republic, Poland and CEE real estate markets. He began his career working with one of the leading development companies, Ronson Poland. Then he was CFO and thereafter CEO of Israeli real estate company Necity Group and CFO of Prague residential development group, Daramis Group. Mr. Goldshtein is a partner at Karlin Port Real estate and Oro Group. He is currently closely cooperating with several large Israeli investors in green-energy, ecology and hi-tech.