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.




Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • 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.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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