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Welcome to the JK Advisory Website

We are a boutique real estate agency.
We specialize in acquisitions, sales, and asset management of commercial properties.

News:

(3.2020) JKA represented investment group Portiva in the acquisition of office development Astrid Offices, Prague 7. This office project is planned to be completed in 2Q 2021. Volume of the transaction was approx. EUR 20 mil.

(1.2020) We are expanding our investment team! Filip Harant has joined our team. His focus will be on sourcing investment opportunities, financial modelling, and commercial due diligence.

(12.2019) In 2019 JKA mediated real estate transactions worth nearly EUR 100 mil. We thank all our clients and suppliers for their loyalty this year and we are looking forward to further cooperation.

(11.2019) JKA mediated acquisition of Olomouc City shopping center between MINT Investments and Czech Real Estate Investment Fund (CREIF).

(8.2019) Jan Kovařínský has successfully participated in two triathlons: in Denmark (2019 European IronMan Elsinore 70,3) and the Czech Republic (CTP Doksy Race 2019 in the town of Doksy). In both cases, Jan tested the limits of his physical and mental skills. In Denmark, he managed to exceed his personal record to 5,1 hours.

(2.2019) JKA represented the DRFG RE investment group in the acquisition of RP Litoměřice and the KiK store in Chrastava.

(1.2019) JKA mediated real estate transactions with the overall value reaching 150 mil EUR in 2018. We would like to thank all our clients and partners for their trust and we look forward to the next cooperation.

(12.2018) JKA represented DRFG RE in the acquisition of Hunter retail portfolio.

More news

About us

JK Advisory is a Czech boutique real estate agency. It specializes in identifying properties suitable for long-term investments. These are primarily commercial real estate assets with long-term secured income, tenants with a good covenant and therefore with a low risk profile of the property. | See the company profile

Quality, professionalism,
and trust

  • International professional education
  • 15 years of practical experience
  • Mediated transactions worth 500 mil. EUR

Consultancy for Small
and Large Investors

  • Czech and Central European real estate markets
  • Office, retail and industrial properties
  • Cooperating with local and international property owners and investors

Full-range
services

  • Acquisition and Sales advisory on commercial properties
  • Commercial due diligence and feasibility studies
  • Asset and Property management
Ing. Jan Kovařínský MRICS

Ing. Jan Kovařínský MRICS

Managing Partner

+420 602 459 288
jan@jk-advisory.com

Professional CV
Ing. Zdeněk Špaček MRICS

Ing. Zdeněk Špaček MRICS

Partner JK Advisory

+420 724 203 784
zdenek@jk-advisory.com

Professional CV
Ing. Markéta Hodaňová

Ing. Markéta Hodaňová

Asset Management

+420 776 772 108
marketa@jk-advisory.com

Professional CV
Ing. Kateřina Vincourková

Kateřina Vincourková

Consultant

+420 731 455 308
katerina@jk-advisory.com

Professional CV
Filip Harant

Filip Harant, MSc.

Investment Consultant

+420 777 078 446
filip@jk-avisory.com

Professional CV
Světlana Barabas

Světlana Barabas

Business Development

+420 725 314 151
svetlana@jk-avisory.com

Professional CV

Real estate acquisitions

We actively source prime, long-term leased commercial real estate in established locations. We provide complex acquisition services including sourcing “tailor-made” investment opportunities, feasibility studies, coordination of the acquisition process, due diligence and support in contract negotiations.

Sourcing suitable
real estate


  • We use our own database of commercial investment properties
  • We source our deals through long-term relations with the owners, real estate investors, and developers.
  • We model property's financial performances based on our client´s investment criteria

Providing commercial
due diligence


  • We perform commercial due diligence
  • We coordinate legal, technical and tax due diligence advisors
  • We identify commercial risks and propose solutions

Negotiating property
acquisitions


  • We have extensive experience in negotiating real estate deals
  • We protect clients’ interests and seek a win-win solution
  • We will help clients to secure a convenient bank financing

Real estate disposals

We provide professional services for property owners to maximize the sales price and minimize duration of the sale process. Based on our client´s needs and requirements, JKA recommends a suitable sales strategy, including sale price, investment memorandum, and target list of potential investors.

Sales set-up


  • We identify client’s property and its (often hidden) business potential, we recommend the best-selling strategy and estimate the achievable price
  • We prepare professional Investment Memorandums
  • We identify potential investors

Selection of the best offer


  • We personally approach target investors and conduct property viewings, highlighting key selling points
  • Through the competitive tender process, we maximize the achieved selling price
  • We evaluate the particular investment offers and recommend a suitable business partner

The Sale process


  • We set-up and update the virtual dataroom
  • We assist the owner with negotiation of the transaction's commercial aspects
  • We coordinate legal, technical and tax advisers through the due diligence process and sales contract negotiations

Asset & property management

To provide our clients with full-range services while investing in real estate, we arrange asset and property management, enabling our clients to maintain or even increase the value of the real estate throughout the holding period.

Supervision and key suppliers management


  • Property and facility management
  • Accounting and reporting
  • Project management and real estate agents coordination

Strategic property management


  • Management of leasing strategies
  • Plans and budgets preparations, control of their implementation
  • Negotiating or renegotiating lease contracts

Third-party communication


  • Reporting and communication with the financing bank or insurance company
  • Contact with state and local authorities
  • Tendering and supervisory of suppliers

Investment products

JK Advisory specializes in sourcing prime real estate products with long leases to blue chip tenants or tenants with good covenants in established locations. These attributes minimize the risk of loss of rental income, ensure easy bank financing, and guarantee a stable return thanks to capital value increase and long-term cash flow.

References

News

Astrid Offices

JKA represented investment group Portiva in the acquisition of office development Astrid Offices, Prague 7. This office project is planned to be completed in 2Q 2021. Volume of the transaction was approx. EUR 20 mil.

 

We are expanding

We are delighted to welcome our new colleague Filip Harant, who is joining us to expand the investment team. He focuses on identifying investment opportunities in all segments of the commercial real estate market, as well as financial modelling and commercial due diligence.

Filip graduated from the Henley Business School in Reading in the UK (Finance and Banking Degree) and London School of Economics (Finance and Accountancy Degree). Before joining the JKA he had worked in investment departments of the consultancy companies CBRE and JLL.

 

JK Advisory in 2019

In 2019 we negotiated real estate deals in the total amount of 100 mil EUR. Besides other achievements, we successfully cooperated with the Czech Investment Fund DRFG and enabled it to expand its portfolio by the Olomouc City shopping center, retail park in Litoměřice and the retail store Kik in Chrastava.

 

Klokánek

Following the success of the previous year we have decided to help again children from the Klokánek, fund of Children in Need. This time we visited the Chabařovická street center in Prague 8, where we spent a wonderful afternoon with the children. We believe that also thanks to our contribution the children will be soon able to use the new sports playground, which is being prepared for them by Klokánek.

 

Olomouc City

As part of our long-term cooperation with the DRFG investment fund, we mediated the acquisition of the Olomouc City shopping center with a total lettable area of 20,000 m2.

 

Keeping fit

This year Jan Kovařínský successfully participated in two triathlon races: the European IronMan 70.3 Championship in Elsinore, Denmark and the CTP Doksy Race 2019 in the Czech Republic. Despite several months of thorough training, it was a challenging test of physical and psychological possibilities. We thank all friends and fans for their support, which motivated Jan in Denmark to exceed his personal record to 5.1 hours!

 

JK Advisory in 2018

In 2018, we mediated real estate transactions with a total value of EUR 150 million. We focused primarily on creating a real estate portfolio of retail properties for the Czech investment fund DRFG. At the same time, we were able to conclude two real estate transactions involving office buildings in Prague. We acquired the Nestlé building in Prague 4 and the ŠkoFIN building in Prague 5 for Czech investors. Thanks to the acquisition of the last-mentioned property, we are expanding the range of services offered by asset & property management in collaboration with Markéta Hodaňová, who has 15 years of experience in the AM&PM area.

 

Our largest transactions in 2018

We continue to cooperate with the DRFG investment fund and expand its real estate portfolio consisting mainly of retail properties. At the end of 2018, we managed to acquire the Hunter portfolio, which includes fully leased properties with a total lettable area of 35,000 m2.

 

We help

At the end of the year we visited Klokánek - fund of Children in Need. During our day-long visit, we helped with childcare, gave Christmas gifts and made a donation to support the organization's activities.

 

We are expanding

We'd like to welcome new colleagues Markéta Hodaňová and Světlana Barabáš. Markéta is an asset & property management specialist with 15 years of experience in TK Development, Carrefour, Cenor and King Sturge.
Světlana is a business development manager and is in charge of Czech and foreign private clients. Světlana uses her previous experience from Aquent, United Bakeries and FastFlex, where she established contacts with Czech business leaders.

 

JK Advisory in 2017

In 2017, we concluded real estate transactions with a total value of EUR 100 million. One of the most significant transactions was the acquisition of OC Most for the Austrian investment company EPG for approximately EUR 50 million. Furthermore, on behalf of CTP Invest, we sold a portfolio of 19 mainly retail properties for almost EUR 40 million. We also participated in the sale of 9 office properties in regional cities of the Czech Republic, where ČSOB Bank branches are located. In 2017, we also celebrated the 5th anniversary of our consulting company. We moved to new offices in Slovanský dům in the center of Prague and we welcomed Kateřina Vincourková, who focuses on investment opportunities in commercial real estate, especially in Prague.

 

We are moving

We spent the end of summer 2017 packing into boxes all that was needed for the new offices. After five years in Široká Street, we are moving to Slovanský dům Na Příkopě No. 22 in Prague 1.

 

We are expanding

We are happy to welcome new member to JK Advisory - Kateřina Vincourková. Kateřina previously worked for Cushman & Wakefield, 108 AGENCY and real estate fund INVESTIKA. Kateřina will be identifying investment and letting opportunities, especially in Prague.

 

JK Advisory Milestones

  • 2018 | We mediated real estate transactions worth more than EUR 150 million. We are expanding our range of services by asset & property management and our team.
  • 2017 | We were involved in real estate transactions totalling more than EUR 100 million. We are moving to new offices in Slovanský dům in the center of Prague and expanding our team.
  • 2016 | We arranged transactions for more than EUR 100 million and participated in transactions in the CEE region.
  • 2015 | We concluded real estate transactions with a total value of almost EUR 80 million.
  • 2014 | Milestone transaction. For private investors, we have acquired Slovanský dům in Prague 1.
 

Contact us

Ing. Jan Kovařínský MRICS

E: jan@jk-advisory.com

M: +420 602 459 288

Ing. Zdeněk Špaček MRICS

E: zdenek@jk-advisory.com

M: +420 724 203 784

JK Exclusive Real Estate Advisory s. r. o.

Slovanský dům
Na Příkopě 859/22
Entrance P
110 00 Praha 1

CIN: 04395450

Registered in the Commercial Register administered by the Municipal Court in Prague, Section C, Insert 246896

© 2020 by JK Advisory | Created by XPAND IT