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.




Latest news


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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