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.




Latest news


New leases

  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


Latest news

News - PSN to reconvert Prague ex-telephone exchange into premium rental housing
14
Apr
2026

PSN to reconvert Prague ex-telephone exchange into premium rental housing

by Property Forum
Developer PSN will begin renovating the former intercity telephone exchange on Fibichova street in Prague 3 this summer. The monumental 1926 building will undergo conversion into premium rental housing, with completion planned for autumn 2028.
Read more >
News - Polish investment market posts best Q1 in four years
14
Apr
2026

Polish investment market posts best Q1 in four years

by Property Forum
Poland's commercial real estate investment market exceeded €1 billion in Q1 2026, marking the best year opening in four years, according to a JLL report.
Read more >
News - Reico buys office building in Bratislava from Immocap
14
Apr
2026

Reico buys office building in Bratislava from Immocap

by Property Forum
Open-ended fund Reico Long Lease has purchased The Mill office building in Bratislava from developer Immocap, in one of the biggest property deals closed on the Slovak market in the year to date.
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