Crestyl to add six office buildings to Prague project

08
Sep
2021
News - Crestyl to add six office buildings to Prague project #Crestyl #development #mixed-use #office #Prague

by Property Forum | Office

Local developer Crestyl plans to build six office buildings as part of the new Prague district Hagibor in the vicinity of Želivského metro station. The construction of the first phase, in which EP Real Estate is also involved, will start this year. Crestyl is also gradually building five residential buildings on the site. The cost of the entire project will exceed €350 million (CZK 9 billion), local daily E15 reports.


The first stage of the office project includes two office buildings that will offer 31,000 sqm of space for lease. Of this, almost 9,000 sqm will be occupied by the new HQ of media house Czech News Center.

Upon completion, the six office buildings combined will offer approximately 80,000 sqm of leasable space. The first phase of offices includes two buildings directly on Vinohradská Avenue. The ground floors of the nine-storey buildings will provide space for shops, restaurants and services




Latest news


New leases

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - SCF enters Romania with €40 million retail park deal
12
Jun
2026

SCF enters Romania with €40 million retail park deal

by Property Forum
Czech investment group SCF has completed the acquisition of two Romanian NEST retail parks from developer RC Europe for nearly €40 million. The transaction marks SCF's entry into its fourth country, expanding its Central European retail portfolio beyond the Czech Republic, Poland and Slovakia.
Read more >
News - Strabag acquires Romanian railway firm Bawi Construction
12
Jun
2026

Strabag acquires Romanian railway firm Bawi Construction

by Property Forum
Construction group Strabag SE has signed an agreement to fully acquire Bawi Construction, headquartered in Bucharest, in a bid to strengthen its position in the European railway infrastructure business.
Read more >
News - Logistics continues to lead the market
12
Jun
2026

Logistics continues to lead the market

by Property Forum
Lavinia Ioniță Rasmussen, NNDKP Real Estate Partner, tells Property Forum that institutional investors have constructive outlook on Bucharest's real estate market. At the same time, she expects retail, logistics and renewable energy to drive mandates for NNDKP's real estate practice this year.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy