Crestyl announces new project in Prague

20
Feb
2025
News - Crestyl announces new project in Prague #Crestyl #Czech Republic #office #Prague #retail

by Property Forum | Office

Crestyl has presented its new project at Pankrác in Prague. The Boka Pankrác is designed as a mixed-use project connecting retail premises and a supermarket with offices. 


BOKA Pankrác will replace two existing old buildings right next to the Kotorská tram stop between the Pankrác and Pražského povstání metro stations. On one side, BOKA Pankrác faces a quiet residential area. In this part of the project, the upper floors will have cascading terraces with a total area of 1100 sqm. The other, busy side towards Na Pankráci street is designed as an active parterre with shops. These will be located on the ground floor and in the basement with a supermarket. In total, there will be shops and services in an area of 3,700 sqm. The project aspires to Leed Platinum.

The project will bring 11,000 sqm of offices of the highest standard and a two-story foyer with a reception and a cafe. Construction of the project should start already in the third quarter of this year, completion is planned two years later. The total investment is CZK 1.5 billion (€60 million).




Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


Latest news

News - EQT secures €214 million loan from pbb for logistics portfolio
28
Apr
2026

EQT secures €214 million loan from pbb for logistics portfolio

by Property Forum
Deutsche Pfandbriefbank (pbb) has jointly underwritten a €214 million investment facility to finance a portfolio of eight logistics properties located across the Czech Republic and Poland for EQT Real Estate. This financing was provided in partnership with Société Générale.
Read more >
News - CPI Europe sells historic Prague building
28
Apr
2026

CPI Europe sells historic Prague building

by Property Forum
CPI Europe has completed the sale of a historic building at Na Příkopě 14 in Prague in a deal worth more than €100 million. The property has been owned by CPI Europe since 2006 and ranks among the most significant mixed-use office and retail properties in the historic centre of Prague with approximately 17,200 sqm of leasable space.
Read more >
News - Yareal starts final phase of Soho mixed-use scheme in Warsaw
28
Apr
2026

Yareal starts final phase of Soho mixed-use scheme in Warsaw

by Property Forum
Yareal Polska has commenced construction of Soho Hub, the final phase of the mixed-use complex Soho by Yareal located in the Praga Południe district of Warsaw.
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