Crestyl starts work on project in Brno

19
Nov
2024
News - Crestyl starts work on project in Brno #Brno #Crestyl #Czech Republic #office #retail

by Property Forum | Retail

Crestyl has fully launched its new Dornych project in the neighbourhood of Brno's main railway station, offering a clinic, hotel, coworking and dozens of restaurants, bars and cafes. At the end of October, the old shopping centre has been closed and is now being cleaned out and is awaiting gradual demolition.


It will start in December with secondary buildings, then the main building will come next in January. Its demolition will last four months, during which preparatory work for the next building will also begin. The new Dornych project of the Crestyl group will then open in 2027 and will offer a freely accessible public space flanked by several smaller buildings. The lower floors of the new buildings will be reserved for shops and services, while the upper floors will house a hotel, clinic, rental housing and offices.

As part of the Dornych project, the current dilapidated huge building will be replaced by a partially roofed, freely accessible public space with a total area of 25,000 sqm, around which there will be six smaller buildings. They will house the NYX Hotel Brno with 170 rooms, 186 rental apartments and approximately 50,000 sqm of offices, restaurants, shops and services. For example, one of the buildings will be occupied by the EUC clinic, which, on an area of over 6,000 sqm, will offer surgeries and two pharmacies. The company Scott.Weber Workspace will open the largest centre of flexible spaces and coworking in the South Moravian region with facilities for 600 employees and a private five-hundred-meter terrace on 5,200 sqm.

Parking is provided in underground garages. The project will be connected to the street network and an underpass under the station and will connect the historic centre of the city with the planned South District. The total investment in the project is over CZK 7 billion (€277 million). The general contractor for demolition, construction pits and base build construction is Gemo. The entire project will be managed by RUBY Project Management.




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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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