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.




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  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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