Passerinvest approves another residential project in Prague 4 

17
Jan
2023
News - Passerinvest approves another residential project in Prague 4  #Czech Republic #developer #development #Passerinvest Group #Prague #residential

by Property Forum | Residential

Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 


Passerinvest approved Rezidence Oliva in Prague's Brumlovka district in December. This olive-shaped residential building offers 72 apartments. There are six commercial units on the ground floor and 84 parking spaces available to residents on the three underground levels. The first residents will move into the residence in the first quarter of this year. Oliva Residence near Brumlovka Park is in the residential area of Prague 4 - Michle. Its architectural concept was designed by the A69 - architects studio.

"The façade made of opaque but translucent glass panels combined with frosted glass railings provides the building's users with a high level of privacy when staying on the loggia, while not detracting from the light comfort of the apartments. The private outdoor environment of the apartments goes hand in hand with the social aspect of the interior space of the house, which offers an airy light-filled space lined with wood and complemented by an interior garden with trees enriching the path through the house to your apartment. The journey through the communal spaces of the house thus becomes an experience, not a daily necessity," says Boris Redchenkov of A69 - architects.

"The ground floor of Oliva itself will offer several shops and services. All other amenities will be within walking distance of the future residents in Brumlovka - a school, kindergarten, offices, supermarket, and restaurants, as well as places suitable for sports, relaxation and walks. During the actual construction and design of individual apartments, we respected current trends and expectations of users in terms of size and quality requirements not only for the apartments themselves but also for the common areas of the building. We believe that we have succeeded in building a place where people will enjoy living, have pleasant neighbourly relations and where they will like to spend their free time," adds Lenka Preslová, Sales Director of Passerinvest Group. 




Latest news


New leases

  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.
  • LAPP Romania has renewed its lease for approximately 2,000 sqm within CTP Romania's CTPark Bucharest, in a deal brokered by iO Partners.
  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.

New appointments

  • 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.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


Latest news

News - Construction costs top developer concerns in Central Europe
23
Mar
2026

Construction costs top developer concerns in Central Europe

by Property Forum
Construction costs and plot acquisition have become the primary concerns for real estate developers in Central Europe in 2026, affecting 27% and 25% of companies respectively, according to a Deloitte report.
Read more >
News - ECE sells Árkád Szeged shopping centre to Hungarian fund
23
Mar
2026

ECE sells Árkád Szeged shopping centre to Hungarian fund

by Property Forum
ECE Real Estate Partners and Bonitas Investment Fund Management have completed the sale of Árkád Szeged shopping centre in Hungary from ECE European Prime Shopping Centre Fund II to HOME Ingatlanfejlesztő Alap, a Hungarian real estate fund. The transaction closed on March 19, 2026, with both parties keeping the purchase price confidential.
Read more >
News - What happened in CEE real estate this week?
20
Mar
2026

What happened in CEE real estate this week?

by Property Forum
This week’s Property Forum news brings a mix of big-ticket developments and longer-term shifts shaping the market. From logistics expansion and new office projects to the growing role of data centres, the stories reflect a region that remains active while gradually adjusting to new demand patterns.
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