YIT starts construction of apartment building in Prague 11

02
Aug
2022
News - YIT starts construction of apartment building in Prague 11 #Czech Republic #development #Prague #residential #YIT

by Property Forum | Residential

Another apartment building inspired by Scandinavian architecture has been launched in Prague by the developer YIT.  The twelve-storey building with 47 apartments will be built near metro line C's Opatov station. It should be completed within two years, the developer informed.


YIT has started construction and sales of another Finnish-style residential project in Prague 11, Chodov. The Rivi Bachova house is being built on the site of a former boiler house and will house a total of 47 residential units ranging from 1-bedroom to 3/4-bedroom and up to 91 sqm in size, some with balconies or terraces. The developer expects its completion to take place at the turn of 2023 and 2024.

The apartment building with 12 above-ground and two underground floors is connected to the existing panel building and will visually complete the entire block. The design respects the character of the surrounding buildings, but also uses contemporary architectural elements and draws inspiration from Nordic architecture. The building will also include commercial space for retailers or services. Basements, a carriage house and parking spaces are also standard. Those in the garages will be accessed by two car lifts. Due to the tightening of lending in the Czech Republic and the constantly rising interest rates on mortgages, the developer promises clients assistance in obtaining a mortgage loan.




Latest news


New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


Latest news

News - Panattoni completes 32,000 sqm logistics park in Białystok region
26
May
2026

Panattoni completes 32,000 sqm logistics park in Białystok region

by Property Forum
Panattoni has completed the Panattoni Park Białystok III logistics complex covering over 32,000 sqm, located in Choroszcz.
Read more >
News - Czech retail shows modest growth as sector gaps widen
26
May
2026

Czech retail shows modest growth as sector gaps widen

by Property Forum
Czech retail continued its modest growth trajectory in 2025, with regional shopping centres recording a 1.2% increase in footfall and 2.1% growth in turnover, according to CBRE's Shopping Centre Index. The vacancy rate dropped to a historic low of 2.8%, while average rents increased by 2.3%.
Read more >
News - 7R completes 35,000 sqm facility for Toppoint near Zielona Góra
26
May
2026

7R completes 35,000 sqm facility for Toppoint near Zielona Góra

by Property Forum
7R has completed a manufacturing and warehouse facility for Toppoint in Brzezie near Sulechów in Zielona Góra County. The Build-To-Own investment spans nearly 35,000 sqm, including 32,455 sqm of manufacturing and warehouse space plus over 2,400 sqm of office and staff amenity areas.
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