Ostrava to have a new residential district

14
Aug
2023
News - Ostrava to have a new residential district #Czech Republic #LinkCity #Ostrava #residential

by Property Forum | Residential

A new residential district with almost 240 flats will be built in Ostrava's most populous district Jih. The project in Středoškolská will also include parking spaces, a park, and sports facilities. The investor will be Linkcity Czech Republic, which will pay a minimum of CZK 29 million excluding VAT (€1.2 million) for the land. Gabriela Pokorná, a spokeswoman for the municipality, told reporters, according to the ČTK news agency.


"The site belongs to the so-called development sites, it is well accessible by transport, it offers the necessary civic amenities and together with the proposed concept of new construction it will offer the city's inhabitants a quality housing option. We are also keeping in mind affordable rental housing, where the investor will allocate 10 percent of the new apartments to be rented at 75 percent of the usual rent for ten years," said Mayor Jan Dohnal to ČTK.

According to a spokesperson for the municipality, the investor's intention is to build approximately 240 flats in three phases, with a layout mainly from one-bedroom to three-bedroom flats. The outdoor areas are designed on a spectrum from public to semi-public to private. The concept includes, for example, a park for active movement for all generations, a workout and a children's playground. Future residents can also look forward to a water element and a community garden for shared outdoor activities," the spokesperson added. The project also includes transport infrastructure for pedestrians, cyclists, and vehicular traffic, as well as the planting of green spaces. For example, green roofs of individual apartment buildings or grassed strips of parking spaces are envisaged.

"Currently, the city will enter into a future contract with Linkcity with a right of pre-emption and prohibition of alienation, which contains the individual conditions of the project, as well as penalty provisions. The first step is a review of the implementation of the project, which is to be completed within three months of the conclusion of the agreement," the spokesperson said. The first phase is expected to be completed no later than 25 months from the start of construction. The price for the land is yet to be determined by an expert's report.

Linkcity Czech Republic is the international development brand of the Bouygues group and operates in the Czech Republic as part of the VCES construction group.




Latest news


New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


Latest news

News - Smaller flats drive Prague rental market transformation
04
Jun
2026

Smaller flats drive Prague rental market transformation

by Property Forum
The Czech rental housing market is undergoing fundamental change, with apartment downsizing becoming a key trend. While this is often viewed negatively as a sign of housing affordability crisis, institutional rental housing tells a different story.
Read more >
News - Cordia breaks ground on Bucharest project with 12% pre-sales
04
Jun
2026

Cordia breaks ground on Bucharest project with 12% pre-sales

by Property Forum
Cordia Romania has marked a milestone with the cornerstone ceremony of Centropolitan, its residential project in central Bucharest near Bucharest Mall and Alba Iulia Square. The event, attended by Tibor Földi, Chairman of Cordia Group, and Mauricio Mesa Gomez, Chairman of Cordia Romania and Spain, signals the official launch of construction for the 274-apartment development.
Read more >
News - Joyson Safety to sell Romanian plant as operations consolidate
04
Jun
2026

Joyson Safety to sell Romanian plant as operations consolidate

by Property Forum
Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.
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