Passerinvest starts new office project in Prague

12
May
2022
News - Passerinvest starts new office project in Prague #Czech Republic #development #office #Passerinvest Group #Prague

by Property Forum | Office

Passerinvest Group is starting the construction of a new seven-storey office building in Prague 4. The Roztyly Plaza building close to the bus terminal and metro station is to be completed in 2024, the developer announced.


The construction of the new Roztyly Plaza office building was symbolically launched this week with the ceremonial tapping of the foundation stone under the leadership of the Passerinvest development group. Work is already underway on the construction of the underground floors with a capacity of 330 parking spaces for tenants and another 100 spaces for P+R parking. The building with seven floors will offer 21,700 sqm of office space for rent and commercial units on the ground floor, which will be occupied by a canteen and will also include a grocery or drugstore.

The construction also includes the improvement of the immediate surroundings - the bus terminal will be upgraded, the park landscaping will be done and the asphalt will be replaced with Prague mosaic, which will allow water to soak in. The project is designed to meet the needs of the building's tenants as well as the general public. The renowned architectural studio Aulík Fišer architekti is behind the architectural design of the building, which has been under construction since autumn right next to the metro station of line C - Roztyly and the investor is Koncern Passerinvest, the construction is being carried out by GEMO a.s. The building will welcome its first tenants at the beginning of 2024.

"I am very pleased that even in this time full of various challenges, we can continue the implementation of the Roztyly Plaza project, which we started last autumn with our plan leading to the long-term and sustainable development of Prague's Roztyly. The market demand for office space is solid and we are already registering interest in leasing. For example, the first major tenant of Roztyly Plaza will be the Czech developer SCS Software s.r.o., which plans to build its new headquarters on the top floors," notes Lenka Preslová, Sales Director of Passerinvest Group, a.s.

Passerinvest plans to create quality conditions for work, living and leisure in several stages on the site of a neglected brownfield in Prague's Roztyly district. In addition to the first phase, the next phase will include a second office building, Sequoia, which will create a natural barrier protecting the entire locality from noise from the Jižní spojka and the arterial road. The final third stage should consist of residential development with 600 apartments for sale and rent and a kindergarten with a clubhouse in a pleasant environment near Krčský les. Further development of parks, playgrounds, sports fields and cultivation of greenery is also planned.




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New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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