AEW hands over Myslbek management to C&W

AEW has handed over the property management duties for the Myslbek building in downtown Prague to Cushman & Wakefield as part of a wider international deal. In Poland, C&W is also taking over the management of two shopping centers and office centers. The deal took effect at the beginning of February. “The objective of our international tenders, which we started in late 2018, was to find a single partner for the management of selected properties in the Czech Republic and in Poland. Cushman & Wakefield has extensive experience in commercial property management and the largest team on the market, hence we believe that our collaboration will be successful and fruitful,” says Zdeněk Hausvater, Director of Asset Management in AEW. Myslbek is a 25,000 sqm office and retail property that accommodates 44 tenants on six floors, along with an H&M flagship brand shop.

"Both the office part and the shopping mall underwent thorough refurbishment in recent years, thanks to which they can still keep pace with the most modern projects built in recent years. Our goal is to maintain this reputation,” says Lenka Vodrážková, Partner and Head of Office Asset Services in Cushman & Wakefield. Cushman & Wakefield currently manages a total of 85 building in the Czech Republic and Slovakia.