Skip to main content Skip to footer
Mark Richardson | Colliers | Prague

Mark Richardson

Director, Head of Industrial and Investment Services

Call now
View Less

About

Professional Summary

Mark has over 22 years’ experience in the real estate industry and in the capacity of senior partner and head of investment services, is responsible for supervision, management and business growth of the Capital markets and Industrial Agency teams in the Czech Republic. His range of responsibilities includes strategic real estate advisory, origination, structuring and execution of property sale and acquisition transactions, overseeing commercial due diligence and underwriting, participation in commercial negotiations of lease and sale & purchase contracts and transaction management.

Mark was previously head of acquisitions at Prime Kapital, an integrated real estate developer, investor and operator in CEE backed by MAS Real Estate, a South African REIT. Prior to joining Prime Kapital, he was he was a Director at Pradera, a specialist retail Investment Manager where he established the Company’s offices and retail asset management platforms in both Poland and the Czech Republic. During his time at Pradera, Mark led the acquisition and due diligence process together with the asset management of 9 shopping centres totalling 148,000 sqm across CEE for and on behalf of the Pradera Central & Eastern Fund (PCEF). Before joining Pradera, Mark was Head of Capital Markets for Cushman and Wakefield in Prague, the Czech Republic where he led the acquisition and sale of over €2 billion of assets.

 

Accomplishments

Mark has been instrumental in the successful closings of numerous high profile investment transactions across all main real estate asset classes.

Whilst at Pradera, Mark was managing the PCEF Fund that won the IPD performance award for the “Best Performing Specialist Fund” in Central & Eastern Europe. Over that time, Mark oversaw the successful development of extensions comprising a 3,000 sqm extension to a shopping centre, 12,365 sqm of retail warehousing and 12,300 sqm of shopping centre reconfiguration works totalling 27,760 sqm and a total capital expenditure of €27 million.

Mark was a key member of Pradera’s acquisition team tasked with, sourcing, screening and evaluating potential acquisitions and analysis of new investment opportunities across Europe for both in-house and third-party clients as well as Joint Venture accounts. Laterally at Pradera Mark helped close a significant Pan European retail portfolio transaction of circa €600 million comprising 18 assets across Germany, France and Poland in April 2017 that forms the Pradera European Retail Fund (PERP) including the acquisition of a 35,000 sqm retail warehouse park in Prague, the Czech Republic.

Education

Mark is a member of the RICS Profession and holds an Undergraduate BLE degree with Honours from the University of Aberdeen from which he graduated in the UK.

Featured Research

6 Feb 2022

Investment Overview Q4 2021

Market activity gained momentum in Q4 and year volume ended higher than expected. Yields in some sectors under pressure as the demand still exceed the offer.
Read More
6 Feb 2022

Industrial Market Overview Q4 2021

Record year 2021 for the Czech industrial market is over but the demand and rents will keep rising. Demand has reached its historical maximum, vacancy its historical minimum.Record year 2021 for the Czech industrial market is over but the demand and rents will keep rising. Demand has reached its historical maximum, vacancy its historical minimum.
Read More
View More

Featured News

29 Aug 2022

Colliers successfully negotiated a major deal to build a new production facility near Pilsen for 700 workers in the automotive industry

As part of the agreement, the project’s carbon footprint will be calculated from the start of construction which proves the commitment of the business to care about environmental principles
Read More
3 Aug 2022

Colliers advises WOOD & Company with the acquisition of a landmark A-class Office building in Prague 5, Anděl

WOOD & Company Office Sub-Fund, represented by Colliers, has announced the successful acquisition of Green Point, a 7,500 sqm landmark A-class office building from Ronaldsay B.V.
Read More
View More

How can I help you?

* Required Field