Passerinvest nears completion of Hila building in Prague

26
Oct
2026
News - Passerinvest nears completion of Hila building in Prague #Czech Republic #Gemo #Mixed-Use #Office #Passerinvest Group #Residential

by Property Forum | Office

Construction of the Hila mixed-use building at Brumlovka in Prague is entering its final phase, with tenants expected to move in during the second quarter of 2027. The fifteen-storey project by Passerinvest Group will offer 27,000 sqm of leasable space, combining offices, retail units and rental apartments in a single structure for the first time at the location.


Scaffolding is progressively being removed from the building as interior fit-out work advances. The office floors are the most complete, with interiors and building systems nearing commissioning. Work on plasterwork, flooring, tiling and internal doors continues in the residential section, while ground-floor retail units are also being finished. Revitalisation of surrounding roads and public spaces is under way, and close to 50 new trees will be planted in the area.

Hila will provide 20,200 sqm of office space and 2,300 sqm of retail space. The upper floors will contain 71 fully furnished rental apartments, ranging from studios to four-room units, which Passerinvest will bring to market under the Balance Home brand. This marks the company's first rental residential project. The building will also feature 2,000 sqm of rooftop terraces for office users and loggias with views for residents.

"Hila represents a further significant step in the development of Brumlovka. Alongside office space it will bring new options for retail and services, and for the first time rental housing, directly in the centre of the locality. The combination of these functions is one of the main commercial advantages of the project. Hila will further strengthen Brumlovka's appeal for existing and new tenants," said Eduard Forejt, director of business development at Passerinvest Group.

The 55-metre building was designed by the studio Aulík Fišer Zalabák architekti and is situated on the corner of Vyskočilova, Želetavská and Jemnická streets. Technical features include radiant ceiling heating and cooling combined with heat pumps, air ionisation, openable windows and intelligent LED lighting. The project is targeting energy class A and LEED Gold certification, with GEMO acting as general contractor.




New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • 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.

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.

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 |