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.




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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