UBM heads to completion of resi project in Prague

21
Jun
2024
News - UBM heads to completion of resi project in Prague #Czech Republic #Prague #residential #UBM Development

by Property Forum | Residential

The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.


The apartment buildings contain eight sections with two, four and six floors with a green space in the centre of the complex. It offers 138 apartments with living space from 30 to 107 sqm. The majority of units have either a garden, terrace or balcony. Half is already sold. Thanks to the architectural concept, the individual sections are intimate, each with its entrance and lift.

UBM has prepared a mock-up apartment with a layout of 2+kk and a size of 51.5 sqm. "We designed the apartment following the natural material of the wooden oak floor. The furniture in the living room, kitchen, bedroom and hall comes from the Czech manufacturer Hanák, in the living room there are accessories from Ton and Javorina," says David Lukas, Chief architect at UBM Development Czechia. The furnishing products were selected from Villeroy Boch, Hansgrohe, Kaldewei and Marazzi collections.

There are two commercial units on the ground floor of the residence. Sustainable design includes collecting rainwater into the storage tank available for irrigation. Recuperation is installed in the units in the sections of the apartment building facing U Průhonu Street. The project was designed by the architectural studio Bogle Architects.

UBM Development focuses on timber buildings, and green and smart buildings in Vienna, Munich, Frankfurt and Prague. UBM has been on the market for 150 years, it implements projects from acquisitions, planning, and building construction to their sale. The company's shares are listed on the Prime Market of the Vienna Stock Exchange, in the segment with the highest requirements for transparency. UBM has been operating in the Czech market since 1993.




Latest news


New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - Polish warehouse market rebounds with leasing up 46% in Q1
26
Jun
2026

Polish warehouse market rebounds with leasing up 46% in Q1

by Property Forum
Q1 2026 brought a rebound to the Polish industrial and logistics space market. Increased tenant activity, a predominance of new agreements and a declining vacancy rate point to the sector's condition, according to a BNP Paribas Real Estate Poland report.
Read more >
News - Indotek Group takes full ownership of Auchan Hungary
26
Jun
2026

Indotek Group takes full ownership of Auchan Hungary

by Property Forum
Indotek Group has announced that it acquired the remaining 53% stake in Auchan Magyarország Kft. from Auchan Retail International (ARI), becoming the sole owner of the company that operates the retail chain and holds its properties.
Read more >
News - Czech fund Aurelia snaps up two Prague office buildings
26
Jun
2026

Czech fund Aurelia snaps up two Prague office buildings

by Property Forum
Czech fund Aurelia has acquired office buildings Trimaran and City Element, in Prague, from PIMCO Prime Real Estate, for an undisclosed sum.
Read more >


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