Managing and further growing our portfolio: CB Property Investors expands team with key asset and development manager
Experienced Asset and Property Manager Michal Navrátil joined the CB Property Investors team on 1 February 2023. He will be primarily responsible for the asset management of the fund, from the operational set-up of the properties, through feasibility assessments, to the implementation of the development plan.
Michal brings with him experience across the full range of real estate disciplines. At Knight Frank he was responsible for the property management of commercial buildings, at P3 he managed a European industrial portfolio of over 5 million m2, and at Fidurock he was involved in residential properties from the acquisition phase, through re-development, to marketing and commissioning. Michal's approach and know-how are complementary to CB Property Investors' portfolio.
Support for further portfolio growth
Michal Navrátil's real estate portfolio management and technical acumen in various asset classes will perfectly support the further growth of the fund's activities.
"My role will not only be about project management and property management, but also about setting up processes. I want to proactively focus on finding gaps in processes and controlling them to minimize risks and maximize returns for investors. Better processes speed up the acquisition process and enable us to manage the rapid growth of the managed portfolio," Michal explains his motivation.
Peter Bečár, Partner at Crowdberry, adds: "I know Michal from P3 and I am very happy to work with him again at CB Property Investors. His contribution lies not only in his technical and operational knowledge of different segments of construction, but also in his insight into creating and increasing the value of real estate. Michal never ended where another department's work began, but always looked at the portfolio and its management as a whole. This gives a much-needed holistic view of real estate. His proactive approach and attention to detail will be an asset when working with our partners and investors."
Michal Navrátil's profile
Michal Navrátil started his career at ORCO Prague and Knight Frank. He also worked for more than a year in the NATO-led ISAF (International Security Assistance Force) mission as a member of the Provincial Reconstruction Team in Afghanistan.
In 2012, he joined the developer P3, where he gradually worked his way up to the position of Group Head of Property Management. He was in this position as the company acquired new portfolios in the Czech Republic and Europe, and grew by leaps and bounds, setting up processes for successful property management and leading a team of internal property managers and external contractors. In total, he was responsible for the management of 5.7 million m2 in 12 countries.
His previous position prior to joining CB Property Investors was at Fidurock, where as Head of Asset Management he was responsible for the development of the residential portfolio.