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.




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  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.

New appointments

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  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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