YIT launches construction of regional resi project

28
Nov
2024
News - YIT launches construction of regional resi project #Czech Republic #residential #YIT

by Property Forum | Residential

In addition to the new acquisition in Brno, YIT is also intensively focusing on Kladno, where it is starting its first-ever regional construction by the end of this year. 


In recent years, Kladno has become an increasingly popular destination for new residents looking for housing outside the capital. The convenient location (less than 30 km from Prague) makes Kladno attractive for those who want to use the advantage of the metropolis and live in a quiet environment with complete civic amenities.

Over 180 apartments will be built in four low-rise buildings in the Portti Kladno housing complex on the brownfield of former freezers. YIT plans to make extensive use of modern prefabrication technology. The Portti Kladno project will offer apartments for personal and cooperative ownership.

The increasing demand among those interested in purchasing their housing and investors is also related to more favourable real estate prices. "In Kladno, the average price is about 20% lower, which means significant savings for those purchasing their own home. For example, when buying a 60 sqm apartment, they can save more than CZK 1.5 million (€59,000), which represents a noticeable difference in the total amount of the mortgage and the monthly instalments," explains Dana Bartoňová, Business Director at YIT Stavo.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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