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Andrej Zveržhanovski has become the CFO of the Crestyl development group in the Czech Republic

Development and investment group Crestyl appointed Andrej Zveržhanovský as its CFO for the Czech Republic in February. In this key position, he became part of Crestyl's management, where he will be responsible for the financial management of the company's Czech activities. This was previously the responsibility of the CFO (Chief Financial Officer) of the entire Crestyl group, Jozef Ďurík, who will be freed up by Andrej's appointment and can thus focus more on the group's international financial development.

Crestyl presents the BOKA Pankrác project, which will offer offices, shops and a supermarket

The development and investment group Crestyl today presented its new project in Prague's Pankrác. In the spirit of modern trends, the building, simply called BOKA Pankrác, is designed as a multi-purpose project that connects commercial premises and a supermarket with high-standard offices. BOKA Pankrác will replace two existing old buildings right next to the Kotorská tram stop between the Pankrác and Pražského povstání metro stations. Construction of the project should begin in the third quarter of this year, with completion scheduled for two years later. The total investment is CZK 1.5 billion.

Crestyl Group has a new CEO – Simon Johnson, founder Omar Koleilat leaves the management of the Czech developer

For the first time in its almost thirty-year existence, the Crestyl development group is changing its position as international CEO. Simon Johnson, who has held the position of COO of the group for the past 14 years within Crestyl and also acted as executive director for the Czech Republic, is taking over the management of the entire group. The founder, owner and current CEO of the Crestyl Group, Omar Koleilat, is moving from an executive position to the role of a strategic consultant, and remains the owner of the company.

Scott.Weber Workspace is expanding significantly. It will enter new buildings in Prague, Ostrava and Brno and open 16,500 m2 of new offices for more than 2,000 people

Scott.Weber Workspace continues to expand and consolidate its position as a leader in the flexible workspace and coworking market. This fall, it will expand its premises at the existing Churchill location near the Prague Central Station, while using the premises of Deloitte, and at the beginning of 2025 at the DOCK location in Prague 8. Next year, it will also open new serviced offices and coworking in the premium new PernerKa building in Prague's Karlín and in the intelligent ORGANICA building in Ostrava, then in 2027 in the exclusive location of Dornych near Brno's main railway station. Scott.Weber Workspace will thus already operate 17 centers in which it combines a first-class working environment with a wide range of services inspired by the standards of top hotels, thereby providing a comprehensive positive experience for office space users.

Part of the Dornych project in Brno will be the NYX lifestyle hotel from the Leonardo Hotels network

The Dornych project of the Crestyl Group, which will replace the old shopping center in the neighborhood of the Brno Central Station in the coming years, will also offer a hotel. The Leonardo Hotels network will strengthen its presence in the Czech Republic with the opening of a new lifestyle hotel, NYX Hotel Brno by Leonardo Hotels. It will open in mid-2028 and will be the group's second hotel in the Czech Republic after NYX Hotel Praha, which opened in 2017. The Dornych project will offer a freely accessible public space flanked by several smaller buildings. The lower floors of the new buildings will be reserved for shops and services, while the upper floors will house rental housing and offices in addition to the aforementioned hotel. One of the buildings will be occupied by the EUC clinic.

Radio Evropa 2 has moved to a new address. 24 years and 5,000 broadcasts, says Leoš Mareš

Pátek 19. dubna se už navždy stane výjimečným dnem pro všechny pracovníky rádia Evropa 2. To totiž právě do pátku sídlilo na adrese ulice Wenzigova 4 v Praze 2.

The area of coworking spaces in Prague increases, further expansion is hindered by insufficient construction

With the development of work trends and a flexible approach to the working environment, coworking spaces are increasingly gaining ground in the Czech Republic. Their area grows by an average of 10-15 thousand square meters per year. Coworking spaces represent roughly 3% of all office spaces in the metropolis. In terms of square meters, Prague does not compare to Western metropolises, but within Central and Eastern Europe, this is an average value.

Crestyl is strengthening in Poland, having taken over one of the largest Polish developers, Spravia

Czech developer and investor Crestyl significantly strengthened its position in Poland when it completed the takeover of a fifty percent stake in Spravia from the Cornerstone Partners group. The Polish developer was originally bought by both partners together. In 2021, they paid 8.5 billion crowns for it, which meant one of the largest real estate deals in Central and Eastern Europe. The price of the current transaction was not published.
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