PSN completes small-scale housing project in Prague

06
Nov
2024
News - PSN completes small-scale housing project in Prague #Czech Republic #Prague #PSN residential

by Property Forum | Residential

PSN has obtained the approval for building use of the Skyline project in Prague's Chodov with small residential units. The project has been developed as the reconstruction of a part of the Top Hotel. 


Residents of 277 units ranging from 22 to 49 sqm can use the gym, yoga room or party room with table football and large-screen TV. There is also a lounge in the reception area, laundry and drying room, bike room, carriage room, cellars directly on the floor or cellar cubicles on the 1st underground floor. Residents will enjoy panoramic views of Prague on the roof terrace, while an outdoor relaxation zone with a fireplace will be created in front of the house. The building also includes 12 offices and 59 parking places.

"By combining traditional and community elements, we have created a concept that will be appreciated especially by younger people for start-up or student housing," explains Jaroslav Macháč, Residential Projects Director at PSN and adds: "Now, in cooperation with the company Bureš & partners, which specialises in real estate investments, we offer an opportunity with a return of up to 16.6% per annum. Until November 30, investors can acquire selected 2+kk units with an immediate discount of 4% and enjoy monthly rental income of up to CZK 20,000 (€789). We will provide everything from choosing a unit to securing a mortgage to complete property management, including interior fittings and tenant selection." About a quarter of residential units are currently left for sale.




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New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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