70% of rental apartments in Home Barrandov residence already been rented

12 October 2021

Even though Zeitgeist Asset Management acquired final building approval for its flagship project in the area of new rental buildings „Home Barrandov“ in Prague 5 only this May, more than two thirds of the 70 units are already leased. The apartments in layouts from 1 + kk to 4 + kk can be moved in immediately, so the residence is currently coming to life with new residents. A total of 20 apartments have already been equipped with custom-made furniture, which allows tenants to use them immediately without incurring additional costs for their equipment.

“The demand for quality rental apartments has been high for a long time and in the context of the covidu-19 pandemic it has increased even more. So far, we have reconstructed the original apartment buildings in the center of the metropolis for the purpose of modern rental housing. Home Barrandov is the very first project that was created from scratch. We bought the new building from Finep, “comments Peter Noack, CEO of Zeitgeist Asset Management.

“We are pleased that the residence in Barrandov has gained the attention of potential tenants from the very beginning and the rental of apartments is progressing at a rapid pace. This is a successful start to our long-term cooperation with Zeitgeist Asset Management, “says Tomáš Pardubický, CEO of Finep.

The Home Barrandov project is located just a 15-minute drive from Anděl and at the same time within reach of the Prokop Valley, which is perfect for walking and cycling. In the vicinity there is a wide range of outdoor sports and playgrounds for children. The tenement house is completely barrier-free and offers apartments from economical layouts for singles through medium-sized apartments for couples to generously designed housing suitable for families. At the same time, it meets the high requirements for low energy consumption and saves its inhabitants energy costs every month. Each unit has its own balcony or loggia, there is also the possibility of renting a cellar. The building has a 24-hour reception.

“Reaching the limit of 70% of rented flats within four months is a confirmation that quality rental housing has a great future in Prague. We are even more pleased that more than half of these apartments have been rented directly through our home.re website, which was launched together with the completion of the Barrandov residence under our new brand ꞌHome by Zeitgeistꞌ. This is a great result and confirmation that people trust our brand and recommend it to their friends, “says Michal Nečas, CEO of Zeitgeist Asset Management, adding:” Our goal is to offer clients modern rental housing and make it easier for them to find a suitable apartment. , so the stay with us. Whether it is an easy choice of apartment via the Internet, where complete information is available, including rental conditions, but also by providing full support during the rental relationship. The benefit of our brand is that if the tenant decides to move to another apartment or residence within our portfolio for various reasons, he is not bound in any time by the original length of the lease or other restrictions. Especially during the covid period, people greatly appreciated this approach. By quickly moving to a cheaper apartment, we helped to solve the difficult life situation of many of our tenants. ”

The Home by Zeitgeist brand currently covers 13 residential properties located in various Prague locations: Kotevní 3, Křižíkova 125, Mlynářská 4, Musílkova 7, Myslíkova 8, Na Struze 5, Na Švihance 2, Na Zderaze 10, Svornosti 27, U půjčovny 2, Máchova 6, Úvoz 26 and Vítové 4.

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