HOCHTIEF Development participate as the co-exhibitor of the Capital City of Prague in the international Expo Real trade fair of commercial real estate, the 15th year of which is held in Munich on 8th to 10th October 2012. The developer presents the first interested parties in retail units in the Office Islands project, which are the catering company and operator of the restaurant chain KOLKOVNA RESTAURANTS, the Mangaloo fresh bar offering fresh fruit and vegetable juices and cocktails, and the operator of the Don Pealo newspaper, magazine, tobacco and wine shops.
Visitors to the stand may experience a new marketing tool - a virtual model of the Office Islands office park in so-called "augmented reality". The 3D model of the project can be viewed using a tablet or smartphone and specially developed graphic character. "Thanks to augmented reality, future project leaseholders are now able to see how it will look when construction is finished, including the layout of individual office buildings, retail units and outdoor relaxation areas and sports facilities," says Petr Beneš, Executive Director of HOCHTIEF Development Czech Republic. HOCHTIEF Development is one of the first real estate developers in the Czech Republic to use this technology.
HOCHTIEF is one of the leading international providers of construction-related services. With more than 80,000 employees and a sales volume of EUR 23.28 billion in FY 2011, the company is represented in all the world‘s major markets. With its core competencies in development, building and operation, the Group delivers services for the entire life cycle of infrastructure projects, real estate and facilities. The focus of the related business activities is on four strategic areas: energy infrastructure, transportation infrastructure, major cities, and resources. With its subsidiary Leighton (HOCHTIEF share around 54 percent), the Group is market leader in Australia. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available at www.hochtief.com/press.
HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group's Europe division which employed around 15,000 people around the globe in fiscal 2011. In many regions and segments, the company is a market and innovation leader. Further information is available at www.hochtief-solutions.com.
HOCHTIEF Projektentwicklung is a fully owned subsidiary of HOCHTIEF and organizationally related to HOCHTIEF Solutions. Since 1991 the company has been developing, realizing and marketing real estate projects in Germany and abroad and is considered Germany's leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an "interim investor" with the goal of selling its projects to a final investor as swiftly as possible. Further information is available at www.htp.hochtief.com.
HOCHTIEF Development Czech Republic (formerly HTP CR), a fully owned subsidiary of HOCHTIEF Projektentwicklung, has been operating in the Czech Republic since 1997. The company develops, realizes and markets high-grade office and commercial properties built to Western European standards. The company is also engaged in the residential properties segment. Further information is available at www.hochtief-development.cz.
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