Crestyl adds fifth resi building in Prague project

22
May
2024
News - Crestyl adds fifth resi building in Prague project #Crestyl #Czech Republic #Prague #residential

by Property Forum | Residential

Development group Crestyl has presented the new Kappa residential building on Prague's Hagibor next to the Želivského metro station. The construction of the fifth apartment building within the Hagibor project is starting at the beginning of 2025, with completion scheduled for 2027.


The building will offer over 250 apartments in layouts from 1+kk to 5+kk with a floor area from 27 sqm to 180 sqm. Smaller apartments will be on the lower floors of the building, more spacious apartments with balconies will be on the higher floors and the four receding "towers". On the ground floor, in addition to the reception for residents, there will also be shops, restaurants and services, residents will also have access to an inner block. The architectural and design office Ian Bryan Architects (IBA) is the author of all the apartment buildings in the Hagibor project.

As part of the Hagibor project, the first two residential buildings Alfa and Beta were completed two years ago, the other two - Gamma and Delta - are under construction and will be ready this summer. The Gamma apartment building is located in the eastern part of the new Hagibor district at Počernická Street. It offers 138 apartments, approximately 80% of which are already sold. The fourth residential building, Delta, includes 168 apartments intended for rent and was purchased by the investment company Invesco Real Estate before the construction started.

In addition to the apartments, six administrative buildings will gradually be built as part of the Hagibor project. The first two of them are close to completion, the construction of the others will follow. The entire Hagibor project connects the square and the central pedestrian boulevard with shops and services - already this year, for example, a restaurant, café, drugstore or pastry shop will open here.




Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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