News Article Brno Czech Republic development DRFG residential
by Property Forum | Residential

Investment group DRFG has announced the acquisition of the new multifunctional development project Tři Dvory, with a market value of CZK 1 billion (€42.3 million). The project will be located on the site of a former royal mill on the outskirts of Újezd u Brna, in close proximity to the Stara Hora vineyards. Construction is due to start in spring 2024 and final completion is planned for spring 2026. 

The Tři Dvory project, which is being built by DRFG near the centre of Brno, will significantly transform and cultivate this previously neglected location, and within a few years, a residential complex will be built here, complemented by a shopping centre, a kindergarten and a new sports complex.

"Due to the rising property prices in recent years, our intention when planning the project was to create modern affordable housing that will be in a nice and interesting location, but will also offer good transport links to Brno. We are pleased that the Tři Dvory project meets all these conditions perfectly," says Josef Šilhánek, Director of the Real Estate Division of DRFG Real Estate.

The architectural design of Rezidence Tři Dvory is the work of knesl kynčl architects. The project will offer a total of 159 flats of various sizes, from one-room (1+kk) to four-room (4+kk), with a predominance of more spacious flats in sizes 3+kk and 4+kk.

The complex will also include smaller commercial spaces that will serve as a café and other shops. In addition, the project will also include a kindergarten so that families with children will have all the services they need in their immediate surroundings.