AFI Europe enters Prague's rental housing market

21
Jul
2022
News - AFI Europe enters Prague's rental housing market #AFI Europe #Czech Republic #development #Prague #PRS #rental

by Property Forum | Residential

Developer AFI Europe has announced the completion of the Tulipa residential project on a five-hectare brownfield site in Prague 3 Strašnice. This latest, fifth phase with an eight-storey apartment building cost the developer more than CZK 250 million and will be the only one dedicated exclusively to rental housing with 61 apartments.


The last building of the Tulipa residential project by developer AFI Europe has been completed. The eight-storey building AFIHOME Třebešín in Prague 3 Strašnice will be exclusively for rental housing. It will offer 61 flats in layouts from one bedroom to three-bedroom flats, which can be rented fully or even partially furnished. Garages are in a separate building. The developer cooperated with the general contractor Imos Brno and the company XXXLutz, which equipped the interiors.

"Along with the 61 apartments in our first completed rental housing project, we currently have more than 800 more rental units under construction under the AFIHOME brand. We see the completion of the first building as a significant milestone from which we are beginning to achieve our long-term goal of exclusively focusing on rental housing in the residential sector in Prague," comments Elena Pisotchi, Sales and Marketing Manager at AFI Europe. Those interested will be able to move in from this autumn, but can already come and see the recently completed model apartment.

AFI Europe's total investment in the fifth phase exceeded CZK 250 million. The rental apartments will have identical standards to the apartments for sale in the previous phases of Tulipa Třebešín, where 750 standard apartments have already been completed and completely sold. The project is located close to the Želivského metro station and includes a park, kindergarten and retail shops.




Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


Latest news

News - LemonTree starts second phase of Lablogic Warsaw project
05
May
2026

LemonTree starts second phase of Lablogic Warsaw project

by Property Forum
LemonTree has commenced the second phase of the Lablogic Warsaw project, located near Chopin Airport at Osmańska Street in Ursynów district. 
Read more >
News - Kingstone RE partners with Iroko for Polish expansion
05
May
2026

Kingstone RE partners with Iroko for Polish expansion

by Property Forum
Kingstone Real Estate has established a strategic partnership with French asset manager Iroko to facilitate investment opportunities in Poland.
Read more >
News - pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
05
May
2026

pbb provides €36m loan to AYA Properties Fund for Warsaw office deal

by Property Forum
Deutsche Pfandbriefbank (pbb) has provided investment and VAT loans totalling €36 million to the AYA Properties Fund, which acquired an office building in Warsaw's Wola district.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy