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17. 10. 2023

Amadeus Real Estate has a valid planning permission for a new district in the centre of Pilsen

Developer Ameside a.s. from the Prague-based Amadeus Real group has a final planning permission for a new urban district in the centre of Pilsen. It wants to build it for CZK 8 billion between 2025 and 2028 on the site of the former House of Culture, which was demolished 11 years ago. The company already had a zoning permit from the Pilsen building authority, but the Brno-based environmental association Děti Země (Children of the Earth) appealed against it. However, the regional department of regional development has now described the verdict of the building authority as legal and factually correct. This is evident from the official board of the regional authority, which posted the decision on 3 October. It will be on the official board for 15 days, after which the developer can apply for a building permit.

10. 10. 2023

Roztyly Plaza is progressing to its final phase. The cladding is being completed, internal installations are underway, and adjustments to the surroundings are being made.

The new Roztyly Plaza office building, which is being built in Prague 11 right next to the Roztyly metro station, has entered the final phase of construction. Work is now underway on the completion of the external cladding and the extensive glazing of the skylight, which will provide daylight to the internal atrium. Inside the building, the installation of technological equipment is underway. The walkways around the building have been landscaped, rainwater catchment systems have been installed and the existing asphalt has been replaced with low-noise asphalt. New bus stops or, for example, the planting of a roof terrace with greenery are also planned. When completed early next year, the building will expand the market with 21,700 sqm of last generation offices, almost half of which are already leased, 1,600 sqm of retail units on the ground floor, with plans for a grocery, pharmacy or drugstore, all complemented by a modern canteen. The architectural design of the building was created by Aulík Fišer architekti, the investor of the entire project is Koncern Passerinvest.

18. 9. 2023

Skanska Opens Port7 in Prague's Holešovice District

The biggest Czech commercial project by Skanska is officially open to both tenants and visitors. Port7 provides 36,000 sqm of prime office and retail spaces. Compared to typical buildings of its size, Port7 boasts over 43% reduction in energy consumption and a 50% decrease in potable water usage.

5. 9. 2023

Penta completes the Masaryčka project designed by Zaha Hadid

The office building in the very centre of Prague, Masaryčka, which bears the personal handwriting of the world-famous architect Zaha Hadid, has been duly approved. The new building, which was built by Penta Real Estate, is now being occupied by its first tenants.

26. 7. 2023

Sekyra Group to move to new HQ in Prague next year

One year after construction began, the rough construction of one of the future A1 office building in Prague's Rohan City project has been completed. Upon completion, the building will house the headquarters of Sekyra Group, the developer of the Rohan City project, among others. It is being built on a brownfield site on Rohanský island in Prague 8, which has been unused for many years.

4. 6. 2023

REICO sells Rohan Business Centre to Fio's new real estate fund

REICO ČS Nemovitostní (RČSN) continues to clean up its real estate portfolio. It has recently sold the Rohan Business Centre building in Prague's Karlín district. The buyer is the newly established Fio real estate fund from the Fio investment company. The transaction price was CZK 740 million (€31.2 million).

8. 5. 2023

A Generali fund sells multiple office buildings in central Prague

A fund of the Generali insurance holding has sold a set of properties in the centre of Prague. The new owners of the individual houses are two companies, a manufacturer of sanitary equipment and a developer. All parties refused to comment on the transactions in detail, writes the online daily Seznamzpravy.cz.

19. 4. 2023

Prague's new Hagibor district will connect nature and the city

On the border of Prague's Vinohrady, Žižkov and Strašnice districts, a new district will be created by the Czech development group Crestyl, which will connect the city with its green surroundings. The new project will offer not only office and residential space, but also a place for leisure and relaxation amidst the greenery. The project will include six office buildings and five residential buildings, with office space exceeding 80 000 sqm.

12. 4. 2023

Penta is considering establishing a real estate fund and expanding into Western Europe

In recent years, the real estate business of Penta Investments has grown considerably. The company has invested almost CZK 50 billion in residential and office development projects and managed a portfolio worth more than CZK 27 billion at the end of last year. Currently, the group's real estate portfolio is concentrated in Prague and Bratislava. Marek Dospiva, one of the group's co-owners, is considering diversifying the portfolio and expanding abroad.