Ostrava joins forces with developers, first resi project follows

11
Apr
2024
News - Ostrava joins forces with developers, first resi project follows #Czech Republic #Linkcity #Ostrava #residential

by Property Forum | Residential

Ostrava is dynamically changing for the better, partly through civic initiatives but mainly thanks to key development investments with the support of the city. One of the basic conditions for the revival of the city centre is also an increase in the number of residents. Currently, a private investor is planning construction on a brownfield at the intersection of Stodolní, Porážková and Masná streets. The city selected the location as its development area and put out a tender for the land. The winning project was Rezidence Stodolní from the development company Linkcity.


Linkcity's Stodolní Residence itself is a mixed-use building with 131 apartments that are currently for sale, as well as retail units on the ground floor that will expand the existing range of shops and services in the area. The architectural concept by Bogle Architects is inspired by the transformation of unused industrial sites in London and other Western European capitals. The project respects the history of the place and at the same time brings modern architecture into it.

This year, Ostrava completed the preparation of a new strategic plan for the development of the city with a view to 2030. Priorities continue to include the effort to connect the city internally and with the world and the revival of the historic core. The construction of new buildings is closely related to this. Therefore, private investors become important drivers of urban development. Only an open and cooperative approach from both sides has the potential to meaningfully develop the city - with ecologically sustainable construction and valuable architecture.

"Among the first swallows is the successful revitalization of the historic slaughterhouse building from the turn of the 19th and 20th centuries at the contemporary art gallery PLATO. The rescue took six years, but it was worth it. The result is a combination of original historical elements with modern operational solutions that are unique not only in our country but also in the world. The proof is the inclusion of the building in the shortlist for the European Union Prize for Contemporary Architecture Mies van der Rohe Award for the year 2024, the announcement of which will take place on Thursday, April 25," explains Ondřej Vyslužil, director of the Municipal Studio of Spatial Planning and Architecture.




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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