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.




Latest news


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.


Latest news

News - Innovinia snaps 17,500 sqm industrial hall in Kecskemét
11
May
2026

Innovinia snaps 17,500 sqm industrial hall in Kecskemét

by Property Forum
Innovinia has announced its acquisition of a 17,500 sqm industrial hall in eastern Kecskemét, increasing its total assets under management to over 270,000 sqm.
Read more >
News - Reico Long Lease fund buys Prague British International School campus building
11
May
2026

Reico Long Lease fund buys Prague British International School campus building

by Property Forum
The Reico Long Lease open-ended fund, managed by Reico investment company Erste Asset Management, is expanding its portfolio of properties with a new segment. Alongside office buildings, logistics centres and rental housing, it will now include a school building.
Read more >
News - Revetas Capital sells Kraków office building to Proton Property
11
May
2026

Revetas Capital sells Kraków office building to Proton Property

by Property Forum
Revetas Capital has completed the disposal of Building A of the Bonarka for Business complex in Kraków to Proton Property, a local investor and developer. 
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy