UBM completes timber resi project in Prague

27
Jun
2024
News - UBM completes timber resi project in Prague #Czech Republic #Prague #residential #UBM

by Property Forum | Residential

UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.


A boutique project of residential buildings in the Prague-Řeporyje district offers 62 apartments ranging in size from 39 to 110 sqm. The Platform for Sustainable Wood Construction participates in systematic changes to legislation in the Czech Republic. Its establishment was initiated by UBM Development Czechia together with the architectural and implementation company Prodesi/Domesi, focused on timber buildings. Within more than a year of operation, the Platform contributed to the intensification and completion of the standard-setting process. It will now be possible to build buildings with a construction system made of timber above a fire height of 12 m, using the so-called engineering method.

UBM Development focuses on wooden structures, green buildings and smart offices in Vienna, Munich, Frankfurt and Prague. In 2024, it already has over 300,000 sqm of wooden buildings in the pipeline. UBM has been operating in the Czech market since 1993. Currently, UBM is building the Arcus City residential complex in Prague 5, in which 150 apartments have already been approved, the first multi-storey wooden apartment buildings Timber Praha and the Astrid Garden residential project in Prague 7. It is preparing a residential project in Prague 5 across from Smíchov railway station.




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.

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