UBM completes timber resi development in Prague

12
Sep
2024
News - UBM completes timber resi development in Prague #Czech Republic #Prague #residential #UBM Development Czechia

by Property Forum | Residential

UBM Development Czechia has completed the Timber Praha project in the Prague-Řeporyje district. The future owners can move in in Autumn this year.


Residential buildings constructed of CLT panels include 62 units from 39 to 110 sqm. The houses are in energy category A and with BREEAM Excellent certification. The sale is exclusively handled by the real estate agency Lexxus Norton. Each apartment has a cellar, a parking space in an underground garage, a balcony, a terrace or a front garden.

The houses have heat pumps, geothermal wells or photovoltaic panels. The windows are fitted with exterior blinds. The apartments have floor heating, which cools in the summer and heats in the winter. The Smart Home system regulates heating and cooling and measures energy consumption. The houses are part of the new Arcus City neighbourhood on the border of the Řeporyje and Stodůlka districts.

"We currently offer buyers a mortgage subsidised for two years with a guaranteed interest rate of 2.89%. It is more affordable and enables clients for a higher value of the mortgage loan," explains Josef Wiedermann, CEO at UBM Development Czechia.




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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

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  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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