YIT launches next steps of Prague project

18
Jan
2024
News - YIT launches next steps of Prague project #Czech Republic #Prague #residential #YIT

by Property Forum | Residential

Developer YIT has launched the construction and sale of the new Sija Kamýk project in Prague 12. The development of the project is revitalizing the former brownfield used as a building site and later as office buildings in the Praha-Kamýk district.


The apartment building in the shape of the letter "L", with 2 underground and 10 above-ground floors (with the last receding), is dominated by a distinctive corner along the main street accented with balconies. The new building will offer 122 units with sizes from 30 to 116 sqm and also four commercial spaces. Most apartments have balconies, terraces or front gardens. For some, preparation for front window blinds is expected, and for most, triple-glazed windows. Recuperation units will be installed in selected apartments. The inner block will be accessible only to residents.

The building design brief includes retention tanks, energy-saving LED lights, photovoltaic panels, an outdoor fast-charging station for electric cars and preparation for a self-service delivery box for delivery services. Recycled concrete will be partially used during construction, where natural aggregate is replaced by crushed mixed demolition waste. The project completion is expected at the end of 2025, so new residents could move in in the spring of 2026.




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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