UBM opens Prague timber project to public

08
Jul
2024
News - UBM opens Prague timber project to public #Czech Republic #Prague #Residential #UBM Development Czechia

by Property Forum | Residential

UBM Development Czechia has prepared an open-door event to educate the general and professional public. Guided tours of the Arcus City and Timber Praha residential projects are organised to support sustainable timber structure development strategies in the Czech Republic.


Timber Praha apartment buildings with certification BREEAM Excellent and energy category A are part of the Arcus City project. The future owners will move into the newly created district in autumn 2024. The Arcus City residential complex offers 278 residential and five commercial units. Residents have already moved into 150 apartments, and with the approval of buildings G, H, I, J, K, L, and M in the summer months of 2024, the implementation of the project will be completed. The sale of the project is managed exclusively by the real estate agency Lexxus Norton.

"We are registering great interest in the tours from all sides, including Czech institutions and companies such as schools, financial institutions, developers and politicians," says Alice Slámová, Marketing and Sales Director at UBM Development Czechia. 

Residential Houses have heat pumps, geothermal wells or photovoltaic panels. The windows are fitted with exterior blinds. The apartments have underfloor heating, which cools in summer and heats in winter. The Smart Home system regulates heating and cooling and measures energy consumption. The bus line in the centre of Arcus City from the Toufarova stop provides a direct connection to Stodůlky and Luka stations. 




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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