ARTICLES LABELLED WITH TAG RSJ

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

The majority owner of RSJ Investments is now the Co-Founder and Head of the Group, Libor Winkler, as another co-founder and presidential candidate Karel Janeček has sold all his shares. Janeček remains in RSJ's sister company, which focuses on stock trading, the daily E15 reports. Neither the group nor Karel Janeček would comment on the changes. 

Bratislava's iconic Pradiareň 1900 building is now wholly owned by investment group RSJ, which has bought the entire stake of the other co-owner YIT Slovakia. The total value of the transaction is approximately €35 million. RSJ announced the change in ownership structure on its website.

The pandemic has not changed the strategy of RSJ Investments. The company’s core focus in the real estate segment remains predominantly on investments in residential and logistics/industrial development projects. Nevertheless, the pandemic indeed makes certain asset classes, such as retail, riskier, admits Marcel Kolesár MRICS, Transaction Manager at the real estate division of RSJ Investments, in an interview to Property Forum.

For the first time in the history of its operations in the Czech Republic, developer YIT has entered into a partnership to finance its project. Local investment group RSJ will participate in the implementation of the residential complex Vesi Hostivař in Prague.

RSJ Group plans to build a multifunctional project in the historical centre of Prague in Revoluční Street near the Vltava River. The competition for the architectural design of the new building was won by Czech architect Eva Jiřičná, who lives in the UK. The developer is currently working on a plan to demolish the original building, E15 reports.

Czech investment group RSJ and developer Panattoni have agreed on the construction of a new industrial park outside the city of Hradec Kralové. The 35,000 sqm warehouse will be located at one of the exits of the D11 motorway.

Czech investment group RSJ plans to make it easier for Prague developers to finance the purchase of land for residential projects. Until now, RSJ has only cooperated with developers through shares in their projects but the new RSJ Landbank sub-fund will buy the land instead of the developer, who will take it over only after obtaining all building permits, which in Prague usually takes several years, local daily E15 reports.