ARTICLES LABELLED WITH TAG UDI Group

Since the beginning of March, UDI Group has started demolishing industrial buildings on the Svitavské riverbank in Brno. In their place, the developer is planning to build the Urban Park residential project. 

Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project. 

UDI Group is starting construction in another European market, Hungary after the new year. The mixed-use Parkside project in Budapest is planned near Váci Road with apartments and a hotel for medium and long-term accommodation.

UDI Group is launching its next residential project Zvezdano Brdo (Starry Hill) in the capital of Serbia, Belgrade. Serbia is the largest foreign market for the Czech UDI Group. It is building or preparing four projects here, including the entire new Duga district for CZK 14 billion (€555 million). 

UDI Group is going to build a new shopping centre in Líbeznice near Prague with a Billa supermarket as the main tenant. The developer is now negotiating with other tenants for the other six units. 

In New Belgrade, on a plot of land about 4 kilometres from the city centre, Czech developer UDI Group has completed the first of 11-floor apartment buildings with 269 apartments. It is undergoing building use approval now with the new owners moving in in August and September. 

International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.

UDI Group is finishing the first hall of its new Logistics Centre Přehýšov near the D5 motorway close to Plzeň. A total of three halls with a total area of 130,000 sqm will be built here. The developer plans to invest a total of CZK 3.2 billion (€130.5 million) here. 

UDI Group is adding another project to its portfolio. It will build a suburban retail centre in the village of Líbeznice north of Prague. According to the developer, a similar centre with a supermarket and several smaller retail units at one address with quality parking facilities is still missing in this village of 3,000 inhabitants. UDI Group estimates the investment at CZK 100 million (€4.2 million).

The Lastavice development project in Belgrade, Serbia, has just completed its rough construction. The first building of the project, which will offer almost 500 flats and require an investment of more than CZK 2 billion (€84 million), will be completed by the Czech developer UDI Group in spring 2024, while the construction of the second of the project's two buildings will begin at that time.