Heimstaden to invest CZK 1.5 billion in Czech portfolio

14
Apr
2021
News - Heimstaden to invest CZK 1.5 billion in Czech portfolio #alternative #Czech Republic #Heimstaden #investment #living #PRS #refurbishment #residential

by Property Forum | Residential

The third-largest provider of rental housing in Europe, Swedish company Heimstaden plans to almost double its investments into the refurbishment and expansion of its Czech portfolio.


Last year CZK 200 million was allocated to insulation, this year almost CZK 350 million will be. This is one of the key ways for Heimstaden to reduce energy consumption and CO2 production. “We are a company that pays a lot of attention to long-term sustainability and environmental protection. We factor it in everything we do. Last year alone we insulated 1,100 apartments, this year it will be more than 1,500,” says Heimstaden CEO Jan Rafaj, adding: “In 2020 we managed to reduce our CO2 emissions by more than 1,750 tons per year, and this year we will reduce them by a total of 2,800 tons.” This corresponds to energy savings in insulated buildings of up to 35%.

One of the most important projects for 2020 is the complete reconstruction of buildings in Kunčičky, a previously neglected location. This year another 3 buildings with 26 apartments will be completed. The total investment in these buildings and the immediate vicinity will reach CZK 370 million and Kunčičky will offer 300 completely renovated apartments over the next 3 to 4 years.

Last year Heimstaden also started adding attics and lofts. In Ostrava-Poruba, 38 new apartments were built. The investment amounted to CZK 56 million. The attics/lofts installation project will continue in 2021.

In 2020, the revitalization of the common areas of the apartment buildings in Šumbark also began. They include a total of 39 entrances. Heimstaden will continue this year with an investment of CZK 31 million crowns. In addition, housing here is being adapted to the needs of seniors. The apartment building on Opletalova Street will be barrier-free, will have non-stop dispatching and security, and it will offer its residents a wide range of services. The investment is planned at CZK 44 million.

Furthermore, Heimstaden will continue major repairs this year. For example, it will spend CZK 76 million on roof reconstruction. Approximately CZK 94 million will be invested in heat, gas and utility connections.




Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


Latest news

News - Alides and Revive sell Imperial Shipyard site to Develia
03
Apr
2026

Alides and Revive sell Imperial Shipyard site to Develia

by Property Forum
Alides and Revive, the two Belgian developers behind Gdansk Development Holding, have signed a preliminary agreement for the sale of 100% of shares in Stocznia Cesarska Development to Develia, one of Poland's residential developers.
Read more >
News - Logicor reaches full occupancy at Alligator Park in Budaörs
02
Apr
2026

Logicor reaches full occupancy at Alligator Park in Budaörs

by Property Forum
Logistics developer Logicor has signed a new lease agreement with CHS, a Hungarian IT distribution company, for 5,580 sqm of warehouse space at Logicor Alligator Park in Budaörs, bringing the property to 100% occupancy.
Read more >
News - Fiege expands 21,000 sqm across three Panattoni parks
02
Apr
2026

Fiege expands 21,000 sqm across three Panattoni parks

by Property Forum
Panattoni and Fiege are expanding their partnership in western Poland through new agreements covering lease extensions and expansions at three sites: Panattoni Park Goleńiów I, Panattoni Park Zielona Góra I and Panattoni Park Gorzów I. The total additional space leased by Fiege amounts to nearly 21,000 sqm.
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