Skanska sells third of Prague residential project

10
Jan
2024
News - Skanska sells third of Prague residential project #Czech Republic #Prague #residential #Skanska

by Property Forum | Residential

The second stage of Skanska's project Modřanský cukrovar (Modřanský sugar factory) in Prague is offering 126 apartments in four sections. Currently, 35% of the apartments in the second stage have been sold, reports Newstream.cz.  


The price starts at CZK 125,780 (€5,114) per sqm. According to the analysis of the development companies Skanska Residential, Trigema and Central Group, in the third quarter of last year, the average price per sqm in a new Prague apartment was CZK 146,459 which equals to €5,955.

The development is approaching the passive standard in the A category of PENB energy demand. Each apartment will draw energy from photovoltaic panels on the roof and residents can use recycled water. The developer plans to start construction this winter with an assumption of completion in 2025.

Chybík + Krištof atelier plays the role of the general designer, the form of the second stage inner yard was designed in cooperation with the Loxia studio. The Flera studio is behind the landscaping. The public also participated in the overall shape thanks to public participation and the Czech art scene, which will enrich key places in the public space with artistic elements selected in the ART.cukrovar competition.




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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