ARTICLES LABELLED WITH TAG PSN

News PSN sees potential in rental housing
16
May
2024

PSN sees potential in rental housing

by Property Forum
The real estate market in the Czech Republic has recently been most influenced by the overall economic situation associated with current events in Europe including the war in Ukraine, expensive energy prices and high interest rates. According to 2023 PSN data in the residential segment, the situation is favourable for investor purchases.
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News PSN completes and sells out Prague resi project
22
Apr
2024

PSN completes and sells out Prague resi project

by Property Forum
PSN has completed the renovation of an apartment building from the 1930s. The BackYard Dejvice project in Prague has been targeted at the young generation and investors. The project is approved for use and is already sold out.
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News PSN finishes base build of resi project in Prague
03
Apr
2024

PSN finishes base build of resi project in Prague

by Property Forum
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.
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News PSN plans acquisitions worth €40 million
08
Feb
2024

PSN plans acquisitions worth €40 million

by Property Forum
According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.
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News PSN to renovate shopping centre in Pardubice
08
Dec
2023

PSN to renovate shopping centre in Pardubice

by Property Forum
In 2024, PSN will begin a two-year reconstruction of the famous functionalist building in the centre of Pardubice. The first republican Grand Hotel, which served as a shopping centre for over 20 years, will now be transformed into a modern shopping centre with full preservation of the original legacy of the architect Gočár. The renovation is expected to cost €12.331 million, PSN estimates.
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News PSN builds another residential project in Prague Modřany
11
Sep
2023

PSN builds another residential project in Prague Modřany

by Property Forum
PSN has launched a new project, Ahoj Vanguard, in Československého exilu Street, near the former Microna factory, which is currently being converted into Vanguard Prague industrial housing with 150 lofts. They will be connected not only by an underground tunnel but also by a common background with a spa and wellness area with a swimming pool. The new construction of Ahoj Vanguard with 94 apartments is characterised by colours and a large amount of greenery. The new PSN project is scheduled for completion at the end of 2024.
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News PSN to turn Brno brownfield site into multifunctional complex
30
Jun
2023

PSN to turn Brno brownfield site into multifunctional complex

by Property Forum
PSN is opening up the brownfield site in Plynárenská Street in Brno to the public, which is being transformed into the "Brno Jedna" project. The company plans to organise small cultural and social events in the area, as well as the possibility of private renting of space. The developer is also leasing the existing office space, which is currently 60% occupied. Construction, which will include both apartments and new commercial units, will begin after all necessary permits have been processed. The approval process is expected to start this year. The company's goal is to revitalize the site overall so that it can offer a pleasant place to work, live and gather not only for local residents but also for the general public.
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News PSN to build 150 lofts in a former factory in Prague 4 
08
Dec
2022

PSN to build 150 lofts in a former factory in Prague 4 

by Vera Tumova
Another residential project worth more than a billion crowns (€41 million) is being completed in Prague. This time PSN is building 150 luxury lofts in the former Microna aerospace factory in Prague's Modřany district. The Vanguard project is expected to be completed next year, PSN CEO Max Skala said.
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News PSN prepares large rental projects in Prague
23
May
2022

PSN prepares large rental projects in Prague

by Property Forum
Due to the high prices of flats and houses, less availability of mortgages, extreme inflation, as well as the rising price of building materials and labour, people in the Czech Republic are now looking more for rental housing. The influx of refugees from Ukraine has also significantly increased the interest in renting. Under the influence of the enormous demand, rental prices are thus starting to reach the pre-Covida level, and in some places have already exceeded it. According to PSN, the availability of apartments is decreasing and the company is now preparing entire projects for rental housing.
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News PSN appoints new Director of Projects
28
Apr
2022

PSN appoints new Director of Projects

by Property Forum
PSN is expanding its team. Radek Hlaváček has joined PSN as Director of Projects. He will be responsible for managing projects in various stages of preparation and construction, including strategic planning and analysis of investment plans, the company reports.
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Latest news


New leases

  • SoftServe has opened an office in the Lubicz Park building in Kraków's Grzegórzki district. The software company has taken up approximately 660 sqm.
  • Global brokerage firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building in Warsaw and remains at 7,300 sqm. As of 2021, the building is owned by CPI Property Group Poland.
  • Baskervill, an international architectural, engineering, and design firm, opened up its office in Gdańsk. A 200-sqm space is located in Officyna building.

New appointments

  • Zuzanna Paciorkiewicz, PhD, has been appointed as Head of Asset Services CEE at Cushman & Wakefield following her tenure as Co-Head with Ondřej Fukal.
  • Walter Herz consulting company has announced promotions in the Marketing and Sales team as well as the Tenant Representation team. Karolina Migdał-Koleśnikow has taken on the position of Sales & Marketing Director, and Michał Porzycki has assumed the role of Head of Tenant Representation Warsaw.
  • The Management Board of Polski Holding Nieruchomości S.A. has appointed Maciej Klukowski as a member of the Management Board for Real Estate Asset Management.

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