UBM completes resi project in Prague Holešovice

18
Jul
2024
News - UBM completes resi project in Prague Holešovice #Czech Republic #Prague #residential #UBM Development Czechia

by Property Forum | Residential

UBM Development Czechia has received the building use approval for the Astrid Garden residential project in Prague's Holešovice. The new owners are moving in in the autumn of 2024.


There are 70 units left for sale out of 138, mainly with 1+kk and 2+kk layouts. The BREEAM-certified residential complex has been designed by Bogle Architects. The real estate agency Lexxus Norton provides the sale of apartments exclusively. 

Astrid Garden includes 1+kk to 4+kk apartments from 30 to 107 sqm, including two maisonettes with a separate entrance. Most of them have a garden, a terrace or a balcony, a cellar and a parking space in a two-floor underground garage. In the apartment building, the owners can use a bike room with a bike washer, a workshop for residents, a community room, and a shared office. Two retail units are located on the ground floor of the building on U Průhonu Street. One of them already has an owner, the other unit can be used as a general practitioner or dentist's office, office, café or designer showroom. 
"The completion of the project went smoothly and per the planned schedule," says Alice Slámová, Marketing and Sales Director at UBM Development Czechia. "For buyers, we have prepared the option of a subsidised mortgage with an interest rate of 2.99% for the purchase of 1+kk and 2+kk apartments. It is interesting both for investors and buyers who purchase apartments for their living.”




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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