UBM Development Czechia has relocated to new offices on Moulíkova Street in Prague 5, near Smíchov railway station, where the company is currently building the Rezidence Na Plzeňce residential project. The move, which took effect on 1 August, marks a return to the district where UBM first established its Czech operations more than 25 years ago.
The company previously occupied the Astrid Offices building in Prague 7, Holešovice, which it had itself developed and used as its headquarters since 2021. "In Prague 5 at Anděl, which is today a sought-after Prague location for offices, retail, leisure and residential uses, we began building our first major project, the mixed-use Anděl City complex, more than 25 years ago at the start of our operations in the Czech Republic. That project remains one of the largest and most complex in UBM's entire history in the country. Now we are returning to Smíchov and continuing here with a new chapter in the form of the Rezidence Na Plzeňce project," said Josef Wiedermann, managing director of UBM Development Czechia.
The Anděl City complex, built on the site of the former Tatra factory, combined residential, office, retail and services uses, created extensive public space and contributed to the early-phase revitalisation of Smíchov between 2002 and 2007. The mixed-use scheme covers 25,000 sqm and includes apartments, offices, shops, restaurants, a multiplex cinema, two hotels and a piazza.
UBM's current Smíchov project, Rezidence Na Plzeňce, is a residential building in energy efficiency class A comprising 160 apartments and four ground-floor commercial units. The structural shell is due to be completed by the end of 2025, with final completion planned for the second half of 2027. Units from the first sales phase have been almost entirely sold.
"Smíchov has undergone a significant transformation over the past decade and that process is continuing. We are glad to be part of the next era of its development. Our aim is to contribute to a quality urban environment and new housing that will be a natural part of this dynamic location," said Wiedermann.
