JTRE launches sale of resi project in Prague

05
Jun
2024
News - JTRE launches sale of resi project in Prague #Czech Republic #JTRE #Prague #residential

by Property Forum | Residential

JTRE is developing a new neighbourhood on a four-hectare area on Rohanský island in Prague 8 – Karlín, including over a thousand apartments with shops and services. The sale of the first stage has been opened.


The first stage of Nový Rohan, which has been on sale since June, includes 258 apartments in 1+kk to 4+kk layouts. Construction will begin next year in the direction of the Libeňský bridge, on the corner of Voctářova and Štorchova streets. The Vincent and Prokop apartment buildings were designed by the KAAMA studio, the third, Barbora Tower, is the work of UNIT architects. The total investment costs of the first stage, including land, will exceed CZK 3.5 billion (€142 million). The entire development is budgeted for approximately CZK 15 billion (€608 million).

The design of all the houses in Nový Rohan arose from an architectural competition, in which the developer selected, in addition to the studios KAAMA and UNIT, also the designs of the studios LOXIA and Under construction and the internationally recognised Slovenian studio Bevk Perović arhitekti.

The prices of apartments from the first stage range from CZK 165,000 to 200,000 (€6,700 – 8.100) per sqm, including VAT, depending on their availability. Among clients, there is now an increased interest in larger apartments with layouts of 3+kk and 4+kk.

The city will also build a primary school directly on Rohanský Island, to which the area's developers contribute CZK 650 million (€26.4 million). The apartment buildings of the first stage – Vincent, Prokop and Barbora bear the names of patrons of important domestic bells. It is a reminder of moving moments in the history of Rohan Island.




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.

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