News Article Czech Republic Prague residential UBM Development
by Property Forum | Residential

The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.


The apartment buildings contain eight sections with two, four and six floors with a green space in the centre of the complex. It offers 138 apartments with living space from 30 to 107 sqm. The majority of units have either a garden, terrace or balcony. Half is already sold. Thanks to the architectural concept, the individual sections are intimate, each with its entrance and lift.

UBM has prepared a mock-up apartment with a layout of 2+kk and a size of 51.5 sqm. "We designed the apartment following the natural material of the wooden oak floor. The furniture in the living room, kitchen, bedroom and hall comes from the Czech manufacturer Hanák, in the living room there are accessories from Ton and Javorina," says David Lukas, Chief architect at UBM Development Czechia. The furnishing products were selected from Villeroy Boch, Hansgrohe, Kaldewei and Marazzi collections.

There are two commercial units on the ground floor of the residence. Sustainable design includes collecting rainwater into the storage tank available for irrigation. Recuperation is installed in the units in the sections of the apartment building facing U Průhonu Street. The project was designed by the architectural studio Bogle Architects.

UBM Development focuses on timber buildings, and green and smart buildings in Vienna, Munich, Frankfurt and Prague. UBM has been on the market for 150 years, it implements projects from acquisitions, planning, and building construction to their sale. The company's shares are listed on the Prime Market of the Vienna Stock Exchange, in the segment with the highest requirements for transparency. UBM has been operating in the Czech market since 1993.