YIT launches 73-flat residential project in Prague 12

12
Oct
2026
News - YIT launches 73-flat residential project in Prague 12 #Czech Republic #New Development #Residential #Sustainability #Yit #Yit Czechia

by Property Forum | Residential

YIT Czechia has launched Kattila Kamýk, a residential project in the Praha 12 district of Prague, where construction began in February 2026 and is expected to complete in autumn 2028. The ten-storey building rises on the site of a former heating substation belonging to Pražská teplárenská, which has been replaced by a modernised facility. The project was designed by studio Hlaváček a partner and features Scandinavian-style architecture with a façade enlivened by climbing plants.


The building will contain 73 units ranging from studio to four-room layouts, with sizes from 30 to 100 sqm. Every apartment includes a balcony, while upper-floor units feature a terrace with views. The development also provides underground and above-ground parking across three floors, storage facilities, and a ground-floor commercial unit suitable for a pharmacy or small shop. Studios and two-room units will be delivered with a fitted kitchen including appliances.

A rooftop community garden, divided into functional zones, will include a pergola terrace, an outdoor kitchen for barbecuing, a children's sandpit and planted greenery. On the sustainability side, the low-energy building will incorporate photovoltaic panels, heat recovery ventilation, a rainwater tank for irrigation and infrastructure for electric vehicle charging.

"We are pleased to be building a modern residential building in the increasingly sought-after Prague district of Kamýk, which will be built on the site of a former boiler room," said Dana Bartoňová, sales director at YIT Czechia, adding: "We believe the new building will appeal to individuals, couples and families who seek comfortable urban living in a quiet, green location. Kattila Kamýk also brings a community rooftop garden that adds another dimension to residential life."

The Kamýk neighbourhood offers shops, restaurants, medical facilities and schools at close range, as well as the Police Academy of the Czech Republic. Public transport connections are provided by regular bus services, and future metro line D is planned to improve links across the city. Residents will also have access to the Hodkovičky forest park, the Kamýk forest with a nature trail, cycling routes and the nearby Lhotka bathing lake.

YIT Czechia, the Czech arm of Finnish group YIT Corporation, has operated in the Czech market since 2008 and has completed 41 residential projects in the country. It currently has five projects under construction, including Ranta Barrandov IV, Toivo Roztyly II and the large Kalevala complex in Brno, which will eventually deliver around 750 flats. The YIT Group, listed on Nasdaq Helsinki, reported revenues of nearly €1.8 billion in 2025 and employs approximately 4,100 people across seven European countries.




New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • 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.

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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