Crestyl secures permission to build 200 apartments in Prague

30
Aug
2023
News - Crestyl secures permission to build 200 apartments in Prague #Crestyl #Czech Republic #development #Prague #residential

by Property Forum | Residential

The new residential project Semerínka, backed by the developer Crestyl, has received a building permit and construction will begin during the autumn. The Semerínka project in Prague's Radlice district, consisting of four blocks of varying heights, will offer 185 apartments.


Inside the blocks, a community garden and facilities for families with children will be built. The location guarantees easy accessibility by metro and proximity to nature. The investment in the project amounts to CZK 1.5 billion (€41.5 billion). Metrostav is the general contractor of the construction. The project is scheduled for completion by the end of 2025.

"Semerínka is unique in that it combines usually contradictory benefits - easy accessibility by metro and proximity to the centre of the metropolis with untouched nature within reach. Moreover, the building's facilities and its courtyards will foster community life and gatherings. The project is also interesting because, unlike most others, it will be built all at once, so its residents will not be disturbed by any further construction phases," says Viktor Peška, Crestyl's Sales Director. Semerínka consists of four blocks of varying heights, sensitively following the terrain. 




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New leases

  • 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.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

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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