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.”




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New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • 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.


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