Crestyl completes construction of Prague office building

30
Jul
2020
News - Crestyl completes construction of Prague office building #Crestyl #Czech Republic #development #mixed-use #office #Prague #residential

by Property Forum | Office

Local developer Crestyl Group has completed the fourth office building in its Dock district development project, located in Prague’s Palmovka area.


Nearly all the space in the 20,000 sqm Dock In Four building has been leased, along with roughly 3,000 sqm of space that was built for services. The office building’s list of tenants includes Publicis, Henkel and Hornbach. Designed by the Schindler Seko architekti studio, the new 6-storey office building features 250 underground parking spaces and 1,000 sqm of balconies and terraces with views of the marina below and the Vltava river.

“With the residential portion of the project already completed and sold, the entire area has come to life as planned,” said Omar Koleilat, CEO of Crestyl Group.




Latest news


New leases

  • iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
  • The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
  • Bel-Pol, a leading provider of flooring and doors, has leased more than 5,600 sqm of logistics and office space at Panattoni Park Warsaw North III. Axi Immo provided comprehensive tenant representation throughout the process.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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