Prague approves construction of 300 PDS flats

06
Jun
2023
News - Prague approves construction of 300 PDS flats #city #city development #Czech Republic #development #PDS #Prague #residential

by Property Forum | Residential

The Prague City Council has approved the investment preparation of the Beranka residential project in Prague Horní Počernice. The construction of 300 flats on an area of 63,000 sqm is being prepared under the management of the Prague Development Company (PDS). Architectural competition and tenders are being prepared. PDS plans to build between 2025 and 2030.


The Prague City Council approved the investment preparation of the Beranka project in Prague Horní Počernice, which consists of the construction of approximately 300 units of urban affordable rental housing and a primary school for approximately 540 children. This year, a master plan will be prepared for the 63,000 sqm area under the management of PDS, which will become the basis for architectural competitions and tenders for individual parts of this urban housing project. Their purpose will be to secure the documentation for the planning decision and building permit. PDS expects the actual implementation of the Beranka Horní Počernice project to take place between 2025 and 2030.

"The Beranka project on the eastern outskirts of Prague in Horní Počernice enables the creation of approximately 300 new housing units of affordable urban housing and civic amenities in the form of a primary school for 540 children and a sports complex. We anticipate the construction of mostly low-rise apartment buildings according to the urban concept of low-rise high density, which will build on the existing development in Horní Počernice," says Petr Hlaváček, Deputy Mayor of Prague.

"Affordable housing and increasing the housing stock is one of our priorities. Most metropolitan areas are facing a shortage of housing, or more demand than supply. Logically, this is because of the attractiveness of capital cities where there are enough job opportunities, educational institutions, cultural amenities and other benefits. However, we are trying to look for all alternatives and possibilities for increasing the number of rental flats for Prague residents, so I am very happy about this project," says Alexandra Udženija, Prague's Deputy Mayor for Social Affairs, Health and Housing Policy.

"PDS will prepare a masterplan for the site in 2023, which will lay out the new construction and divide it into suitable implementation units. Subsequently, it will announce architectural competitions or tenders for suppliers of individual project documents for zoning and construction procedures. According to the permitting process, the entire Beranka Horní Počernice project is expected to be implemented between 2025 and 2030," concludes Petr Urbánek, Director of PDS.  Within the framework of this project, the capital city is significantly meeting the demand of the Prague 20 district for the construction of a primary school and is proposing it in the originally purely residential Beranka project. Other areas in Horní Počernice designated by the zoning plan for education are mainly owned by private owners who do not consider this functional use of their land.




New leases

  • 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.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

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.

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