Developer Crescon finishes residential project in Krkonoše

22
Mar
2023
News - Developer Crescon finishes residential project in Krkonoše #Crescon #Czech Republic #development #residential

by Property Forum | Residential

Development company Crescon has completed the first phase of the 64-unit luxury Aldrov Apartments & Resort project. The new owners are gradually taking over the apartments. By the end of this year, the company plans to complete the second phase with 75 units. A total of 139 apartments are to be built in the Krkonoše Mountains in the village of Vítkovice. The entire complex should be ready in the winter season 2023/24, Crescon announced.


The first stage of Crescon's residential project - Aldrov Apartments & Resort, which consists of 64 apartments in three buildings, is complete. Work is currently progressing on the A1 community building with a bakery, wine bar, swimming pool, spa and conference rooms, which is part of the first phase of the development. Crescon plans to have it fully operating this summer, but a number of services for both owners and guests of the apartments and the general public have already been opened. "We have invested more than 250 million crowns ( €10.5 million) in infrastructure and services because we wanted not only to provide a perfect hotel service for our clients but also to expand the amenities for locals and other visitors to this popular Giant Mountain resort," says Jan Jerie, Crescon's CEO.

The second phase of the project is also under construction and will consist of five smaller buildings with a total of 75 apartments. The residential complex in the village of Vítkovice will include a total of 12 buildings and 139 modern apartments ranging in size from 37 to 149 m², some of which will be adapted to the needs of people with reduced mobility. All of them will be fully equipped, including the kitchen, furniture and all interior furnishings. A terrace or balcony is also included. Of course, there are parking spaces in the underground garage, a ski room and a cellar for storing seasonal equipment.




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.

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