YIT launches second phase of resi project in Prague

02
Jun
2025
News - YIT launches second phase of resi project in Prague #Czech Republic #Prague #residential #RSJ #YIT

by Property Forum | Residential

YIT has started selling units in the second phase of the Toivo Roztyly residential project in Prague. The developer is collaborating with the RSJ investment group on the project.


The Toivo Roztyly II project will consist of four buildings with one underground floor and five to six above-ground floors. They will include a total of 116 apartments ranging in size from 29 to 120 sqm in various layouts. The design includes a controlled ventilation system with heat recovery, preparation for outdoor shading, LED lighting in common areas, efficient water management, green retention roofs, charging stations for electric vehicles and bicycle racks on the ground floor. 

The four apartment buildings follow on from the first phase of construction, which is nearly sold out, and expand the housing offer in the Roztyly area of Prague. 

The construction of the second phase began in the spring of this year, and completion is planned for early 2027. The whole project of 204 apartments is being developed in cooperation with the RSJ investment group. The latter previously implemented the Vesi Hostivař project together with YIT, and now the cooperation continues on the Kalevala project in Brno on the border of the Vinohrady and Židenice city districts.




Latest news


New leases

  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.

New appointments

  • 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.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


Latest news

News - Fiege expands 21,000 sqm across three Panattoni parks
02
Apr
2026

Fiege expands 21,000 sqm across three Panattoni parks

by Property Forum
Panattoni and Fiege are expanding their partnership in western Poland through new agreements covering lease extensions and expansions at three sites: Panattoni Park Goleńiów I, Panattoni Park Zielona Góra I and Panattoni Park Gorzów I. The total additional space leased by Fiege amounts to nearly 21,000 sqm.
Read more >
News - Optimism prevails in CEE real estate as geopolitical risk looms large
02
Apr
2026

Optimism prevails in CEE real estate as geopolitical risk looms large

by Property Forum
CEE's real estate market enters the second quarter of 2026 in a mood of measured confidence. According to Property Forum's survey of nearly 200 real estate professionals from across the region, the majority expect either stable but selective deal flow or a moderate recovery in transaction activity over the next 12 months. Regional CEE investors are seen as the primary engine of dealmaking, while foreign capital is expected to return only selectively. Residential and logistics assets lead on risk-adjusted appeal, and Poland remains the undisputed long-term growth leader. Yet beneath the cautious optimism, one concern towers above all others: geopolitical tensions, cited by nearly two-thirds of respondents as the greatest threat to the market.
Read more >
News - Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
02
Apr
2026

Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion

by Property Forum
Property Forum, the leading media, events and business intelligence platform for the Central and Eastern European real estate industry, has appointed Irina Gasson as Chief Growth Officer.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy