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.




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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