PSN prepares boutique resi projects in Prague

09
Apr
2025
News - PSN prepares boutique resi projects in Prague #Czech Republic #Prague #PSN #residential

by Property Forum | Residential

PSN is expanding its portfolio with new residential projects in Břevnov and Nusle in Prague offering modern living with a private sauna, fitness and investment opportunities.


An elegant building in Prague's Břevnov is undergoing renovation, offering 27 units ranging in size from 30 to 78 sqm. The top floor will offer apartments with spacious terraces and panoramic views. The residence will include a newly renovated courtyard with a quiet area with a grill. Residents will also have access to a private wellness area inside the building - a sauna and fitness centre, accessible exclusively to residents.

In the Prague 4 – Nusle district, 15 units with sizes ranging from 46 to 67 sqm will be created as part of the reconstruction of a six-floor building. The apartments will be available in a shell & core design, which will allow future owners to customise the interior according to their ideas. 

PSN has been creating its portfolio of real estate in Prague, Pardubice, Hradec Králové and Brno for a long time, both for rental housing and for the purpose of renting offices and commercial spaces. The most important are the Dancing House, the House of Fashion on Wenceslas Square, and the first Czech skyscraper City Empiria in Prague's Pankrác. In the centre of Pardubice, at the beginning of 2024, it began the reconstruction of the Grand shopping centre in a functionalist palace designed by architect Josef Gočár.




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New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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