Globe Trade Centre S.A. and Lighthouse Group, the major Czech developer of commercial and residential real estate, are glad to announce its latest leasing transactions with LG Electronics and the Czech Ice Hockey Association (CIHA), in its office building – Harfa Office Park.

 

CIHA, organizing amongst many other ice hockey competitions the second and third highest senior leagues in the Czech Republic, concluded a long-term lease of approximately 1,000 sqm of first-class office space and moved into their new office at the beginning of January 2014.

The CIHA’s president, Mr. Tomáš Král, comments: „What we appreciate the most in Harfa Office Park is the high quality for a reasonable price. The close proximity to the biggest Czech hockey arena – O2 Arena – has a symbolical meaning for us, it is also the place where the 2015 World Ice Hockey Championships will take place.“

The latest tenant addition of Harfa, LG Electronics CZ, s.r.o., the leading producer of consumer electronics, leased approximately 1,400 sqm of offices in Harfa Office Park and 500 sqm of showroom in Galerie Harfa to commence in May 2014.

Jiřina Kahudová, senior consultant of Jones Lang LaSalle, who mediated the transaction comments: „The fact that a high profile company sitting for the past ten years in the prime location of Prague 5 -Andel, such as LG Electronics CZ, s.r.o.  selected Harfa as its HQ, confirms Harfa’s high quality and proves that companies are ready to consider HQ relocations, provided the new offices offer higher quality for advantageous costs.“

Tamir Winterstein, CEO of Lighthouse Group, adds: „We are happy to welcome such prominent tenants to Harfa. Our major office development providing all facilities within the integrated shopping centre clearly ticks the requirement boxes of international tenants like LG and national prides like CIHA, which consolidates Harfa’s position in the Prague office market.“

 

About Harfa Office Park

Harfa Office Park is a high-quality A class office building, the excellent accessibility by both car and public transport being one of its trademark advantages. The building is located immediately next to metro station and bus hub Českomoravská (line B), it benefits from tram stop in front of the building’s entrance, and also a train station – Praha-Libeň. Other main advantages of the project are given by its generous parking possibilities and the interconnected shopping centre Galerie Harfa, which, apart from 160 shopping and dining possibilities, also offers fitness and spa facility. Globe Trade Centre S.A. owns a 31,5 percent stake in Harfa Office Park.

 

About LG

LG is a strong Korean company with more than 50 years history and belongs among the world’s technology leaders and innovators in consumer electronics, home appliances and mobile communications. The entire LG group of employees totals more than 84 thousand people, in 112 operations, in 81 subsidiaries worldwide. The local branch of LG Electronics CZ, s.r.o. is one of the market leaders on the Czech and Slovak consumer electronics market.

 

About The Czech Ice Hockey Association

CIHA is a civil society organization, a national governing body of ice hockey in the Czech Republic and one of the founding member associations of the International Ice Hockey Federation, founded in 1908. The CIHA centrally organizes the following competitions: I. & II. liga (second and third highest senior leagues), U20 Extraliga and liga, U18 Extraliga and liga and the Women’s League. Through its regional associations, The CIHA is also the organizer of the U16 Extraliga and liga and other senior, junior, midget and youth competitions. The CIHA sends the Czech national team (including junior, veterans’, women’s and sledge teams) for international games.

 

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GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine. GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centres and residential.

To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1,9 billion.

GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 and WIG30 indexes. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTCS.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.

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