Passerinvest Group nears completion of mixed-use complex in Prague

23
Feb
2026
News - Passerinvest Group nears completion of mixed-use complex in Prague #Brumlovka #Czech Republic #Eduard Forejt #Hila #Investment #Mixed-Use #Office #Passerinvest Group #Prague

by Property Forum | Office

The 15-storey Hila building, which is developed by Czech investment company and developer Passerinvest Group, will be completed this year, at Prague's Brumlovka district. 


The administrative section and retail units are now finished, including complete glazed ground floor cladding. A glazed atrium has been created above the eighth floor, and work continues on the steel structure for panoramic lifts that will enhance the building's modern character.

Construction continues on the upper floors, where 71 fully equipped rental apartments will be located. The project with apartments and 20,200 sqm of office space plus 2,300 sqm of retail space coming to market for lease next year.

"Hila is becoming one of the most distinctive buildings in the entire locality, not only due to its height and multifunctional character and modern visual design. It's also thanks to significant changes in building technologies that excel not only in ensuring maximum user comfort in offices, but also much more economical operation compared to previous generation buildings - simply put, lower service charges," says Eduard Forejt, Development and Business Director at Passerinvest Group.

The building will feature modern technologies including air ionisation systems, above-standard fresh air supply and radiant heating and cooling systems ensuring a healthy and comfortable environment. The project includes 418 parking spaces with preparation for electric vehicle charging stations and recreational terraces for relaxation. The building will pursue Leed Gold certification for sustainable and environmentally friendly buildings.

Gemo serves as the general contractor for construction works, while the architect is Aulík Fišer architekti.




Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


Latest news

News - iwis reaches 11,000 sqm in CTPark Oradea City
28
Apr
2026

iwis reaches 11,000 sqm in CTPark Oradea City

by Property Forum
Industrial developer CTP has completed and handed over a 4,000 sqm extension for iwis at CTPark Oradea City. The project expands the company's existing 7,000 sqm production facility, bringing its total footprint to 11,000 sqm.
Read more >
News - EQT secures €214 million loan from pbb for logistics portfolio
28
Apr
2026

EQT secures €214 million loan from pbb for logistics portfolio

by Property Forum
Deutsche Pfandbriefbank (pbb) has jointly underwritten a €214 million investment facility to finance a portfolio of eight logistics properties located across the Czech Republic and Poland for EQT Real Estate. This financing was provided in partnership with Société Générale.
Read more >
News - CPI Europe sells historic Prague building
28
Apr
2026

CPI Europe sells historic Prague building

by Property Forum
CPI Europe has completed the sale of a historic building at Na Příkopě 14 in Prague in a deal worth more than €100 million. The property has been owned by CPI Europe since 2006 and ranks among the most significant mixed-use office and retail properties in the historic centre of Prague with approximately 17,200 sqm of leasable space.
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