Skanska invests CZK 970 million in Prague resi project

29
Jun
2022
News - Skanska invests CZK 970 million in Prague resi project #brownfield #Czech Republic #Prague #residential #Skanska

by Property Forum | Residential

Skanska will invest CZK 970 million in the first phase of the brownfield residential project Modřanský cukrovar. On the right bank of the river Vltava, 112 apartments and seven commercial premises within the area of 10,500 sqm will be built. After six phases of the project, there will be 797 housing units, Skanska announced on its website. 


Skanska will invest CZK 970 million in the first phase of the new residential development project Modřansky cukrovar in Prague, Czech Republic. This phase comprises 112 housing units and seven commercial premises. In the project, the developer focus on environmental issues like for example - water conservation, solar energy or recycled building material and social topic like supporting the local community life. Construction of the first phase starts in June 2022 and is scheduled for completion at the end of 2024. The project comprises 797 housing units in total, planned in six phases.

The residents of Modřansky cukrovar will be enabled to efficiently utilize renewable water and energy resources through progressive solutions, and the development project aims to provide space for good neighbourly relations. The dominant features will be the new central square and a pedestrian zone, a linear park for recreation and a revitalized part of the Vltava embankment.

The project aspires to achieve a BREEAM rating and is committed to the use of solar energy, recycled building materials and elements supporting community life. The complex has an extensive application of green roofs and greenery in the form of hundreds of solitary trees, orchards or meadows. It is designed to save up to 47 percent of the drinking water through blue-green-grey infrastructure, which refers to the integration of functions within stormwater management.




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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