PSN finishes base build of resi project in Prague

03
Apr
2024
News - PSN finishes base build of resi project in Prague #Czech Republic #Prague #PSN #residential

by Property Forum | Residential

PSN has reached a milestone in base building construction at the Ahoj Vanguard development project in Modřany, Prague. Close to the apartment building, the conversion of the former Microna factory into Vanguard loft housing is also nearing completion.


The new building with three underground and nine above-ground floors has 94 apartment units ranging from 1+kk to 4+kk and an area of ​​22 to 238 ssqm with a front garden, balcony or terrace. The exterior work is currently continuing on the facade of the building, including the external filling of openings and exterior finishing. In the interior, final work on electrical wiring, plastering and floor laying is underway.

In the lower part, a sunken five-floor parking house is created, covered with a green wall, which represents a functional element that absorbs noise. At the same time, there will be 220 parking spaces for cars and 16 for motorcycles. Another 26 places will be in front of the building. The project includes almost 2,000 sqm of communal gardens with trees and tall grass. Building use approval is expected in the summer of 2024.




Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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