Crestyl starts construction of new building in Prague

04
Nov
2025
News - Crestyl starts construction of new building in Prague #Apartments #Crestyl #Crestyl Group #Czech Republic #Hagibor #Kappa #Metro #Prague #Residential #Viktor Peška

by Property Forum | Residential

Crestyl has begun construction of the Kappa residential building at Prague's Hagibor development, located near Želivského metro station. The fifth residential building in the project is scheduled for completion by the end of 2027, with Metrostav DIZ serving as the general contractor.


Kappa will offer over 250 apartments with floor areas from 27 sqm to 180 sqm. Smaller units will be located on lower floors, while larger apartments with balconies will occupy higher floors and the building's four receding "towers". The ground floor will house shops, restaurants and services alongside a reception for residents, with access to an inner courtyard.

"Hagibor offers attractive metropolitan-style living directly by the metro – the new Kappa building is closest to the station from the entire area. We emphasise public space and utilise the symbiosis of housing, offices, shops and services in one location," said Viktor Peška, Commercial Director of Crestyl Group. "Before construction began, we had already sold more than half of the apartments."

The building is designed by Ian Bryan Architects (IBA), which has created all residential buildings in the Hagibor project. The public spaces are designed by renowned landscape architect Michel Desvigne, who has worked on projects in Paris, Tokyo and Detroit. Kappa is designed to achieve BREEAM certification for sustainable buildings.

The Hagibor project previously completed residential buildings Alfa and Beta three years ago, with Gamma and Delta finished last summer. The development will eventually include six office buildings, with the first two completed last year. The project features a central square and pedestrian boulevard connecting shops and services including restaurants, bistros, pharmacies and medical facilities.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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