Passerinvest starts construction of 33,000 sqm office building in Prague

18
Mar
2026
News - Passerinvest starts construction of 33,000 sqm office building in Prague #Construction #Czech Republic #Gemo #Office #Passerinvest Group #Prague #Radim Passer #Sequoia

by Property Forum | Office

Passerinvest Group has begun construction of the Sequoia office building, which will rise from a former brownfield site in the strategic development area of Nové Roztyly in Prague.


The project is scheduled for completion in Q1 2028, with Passerinvest Group and Gemo as investors, with Gemo also serving as the contractor.

The 11-storey building, designed by architectural studio A8000, will offer 33,130 sqm of leasable space, including over 32,700 sqm of offices and 375 sqm of retail space. Tenants will have access to flexible space arrangements across up to 3,778 sqm of office space per floor, a canteen with café, retail space and shared meeting rooms for up to 200 people.

"We are currently building and preparing the most projects at one time in our entire business history. We are constructing two multifunctional buildings Hila and Orion at Brumlovka in Prague 4, and Sequoia represents our next completely new office project that pushes the standards of the current market," said Radim Passer, Founder and CEO of Passerinvest Group.

The project includes a rooftop terrace with greenery, relaxation zones and views of Krčský forest. The canteen with café will be connected by a footbridge to the adjacent park. Located on Prague's main cycle path, the building will feature a bike storage room with lockers and showers. Electric mobility is supported by charging stations for electric cars and sockets for e-bikes.




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.


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