YIT launches construction of regional resi project

28
Nov
2024
News - YIT launches construction of regional resi project #Czech Republic #residential #YIT

by Property Forum | Residential

In addition to the new acquisition in Brno, YIT is also intensively focusing on Kladno, where it is starting its first-ever regional construction by the end of this year. 


In recent years, Kladno has become an increasingly popular destination for new residents looking for housing outside the capital. The convenient location (less than 30 km from Prague) makes Kladno attractive for those who want to use the advantage of the metropolis and live in a quiet environment with complete civic amenities.

Over 180 apartments will be built in four low-rise buildings in the Portti Kladno housing complex on the brownfield of former freezers. YIT plans to make extensive use of modern prefabrication technology. The Portti Kladno project will offer apartments for personal and cooperative ownership.

The increasing demand among those interested in purchasing their housing and investors is also related to more favourable real estate prices. "In Kladno, the average price is about 20% lower, which means significant savings for those purchasing their own home. For example, when buying a 60 sqm apartment, they can save more than CZK 1.5 million (€59,000), which represents a noticeable difference in the total amount of the mortgage and the monthly instalments," explains Dana Bartoňová, Business Director at YIT Stavo.




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  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

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  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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