Geosan places final part of resi project in Prague

10
Apr
2024
News - Geosan places final part of resi project in Prague #Czech Republic #Geosan #Prague #residential

by Property Forum | Residential

Geosan Development is launching another series of apartments in the Radimova Břevnov Residence in Prague 6. The developer has sold over 60% of the apartments in the project so far.


The project is currently under construction with a planned building use approval for the autumn of this year. Three apartment buildings with seven to nine floors above ground rise right next to the Kajetánka Park and the Vincentinum pond and near the gardens of the Břevnov Monastery, with a good connection to the metro line A. The architectural design of the project respects the location of Prague's Břevnov with views as far as Prague Castle. The current offer includes a diverse range of layouts from 1+kk to 5+kk. This wave of sales is already the final one in the project.

Geosan Development has been operating on the Czech residential real estate market for more than 20 years. Since its establishment in 1998, it has already completed 22 new buildings with almost 2,350 apartments. It has other projects in various stages of preparation with approximately 1,000 apartments in locations in the wider centre of Prague. In 2018, the company expanded its business to include office real estate when it purchased the Nagano Park office building in Prague 3 with a total area of ​​26.000 sqm.




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  • 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.


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