Developing Real Estates and Bringing Innovation to Enterprise
Developing Real Estates and Bringing Innovation to Enterprise
BUSINESS SPECIAL
6 POSITIV
You have operated in the development of commercial
real estate in the Czech Republic for over eighteen years.
What are the benefits if these investments are situated in
the Moravian-Silesian Region?
I am proud that we were one of the first commercial real
estate developers/investors who believed in the Moravian-
Silesian Region. We started to invest in developing modern
warehouse and office space early enough so that we were
ready to meet the demand from companies for space when
it arrived in larger numbers. For example, I remember when
GE Money Bank (now Moneta Money Bank) was looking
for new, modern offices in Ostrava back in 2005 because
they realized that many of their employees in their Prague
office were originally from Moravia-Silesia and would very
much welcome the opportunity to go back to their roots if
they had an equal job opportunity. Therefore, GE Money
Bank decided to open an office in Ostrava. They then very
quickly concluded after starting their search for new space
that there wasn’t a single modern office building in the
city, let alone available. We were the only ones who were