UBM completes next stage of resi project in Prague

19
Aug
2024
News - UBM completes next stage of resi project in Prague #Czech Republic #Prague #residential #UBM Development Czechia

by Property Forum | Residential

UBM Development Czechia has completed 3 apartment buildings in the Arcus City residential complex on the border of the Stodůlky and Řeporyje districts of Prague. Of the 66 apartments in the second stage, half of the units are currently available for purchase. 


Buildings G, H, and I are located in the centre of the Arcus City complex and include 66 apartments ranging in size from 39 to 101 sqm. Each apartment has either a balcony, terrace or front garden. The new owners will move into the apartments in autumn 2024.

As part of the Arcus City residential complex, buildings J, K, L and M of the Timber Praha project will also be completed soon. UBM is preparing them for the building use approval.  The sale of units is provided exclusively by the real estate agency Lexxus Norton. 

The buildings include 62 units ranging in size from 39 to 110 sqm. Apartment buildings in the energy-efficient category A and with BREEAM Excellent ecological certification are equipped with modern technologies for controlling heating or electrically operated outdoor blinds. The system also measures energy consumption. Heat pumps, geothermal wells or photovoltaic panels manage hot water heating and provide electricity for lighting the common areas of apartment buildings and driving elevators. Part of the Arcus City residential complex is a small square with a relaxation zone and shops. A total of 278 apartments were created here.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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