ARTICLES LABELLED WITH TAG PSN

The Vinohradská 8 project, jointly prepared by Penta Real Estate and PSN, has received a zoning permit. Just a few steps from Wenceslas Square in Prague, a mixed-use development is designed, including housing, office space, and new shops and restaurants.

After almost two years of reconstruction, PSN is reopening the modernist Grand Palace in Pardubice to the public. The company has created a modern department store that combines history with today's urban life.

The revitalisation of the Brno brownfield into a lively urban district has been commenced. Today, the developer PSN has tapped the cornerstone of the first stage of the Brno Jedna project.

PSN is launching the sale of the Jitro residential project in Prague's Vršovice. The project is designed to offer 144 units, as well as 35 townhouses with private entrances and green roofs. 

PSN has announced the launch of the sale of the first phase of the Brno Jedna residential project near the very centre of Brno. The first two buildings – Neon and Xenon – will offer a total of 188 units.

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.

PSN is starting the transformation of the Brno One brownfield in Plynárenská Street this year. In the course of the following years, it is going to turn into a modern urban district combining housing, spaces for work and leisure activities.

PSN has received the building use permit for the Ahoj Vanguard residential project in Prague's Modřany. The last units are currently available for purchase. The new owners are moving in at the beginning of 2025.

PSN has started the complete reconstruction of an apartment building in Prague 3 in Žižkov, where a total of 54 units will be created. 

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.