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.