Sekyra Group claims to have found investors for two enormous brownfield projects in Prague: the redevelopment of Rohan Island in Prague Karlín and the Smíchov railway station in Prague 5. The company holds the option to buy both of the sites and has reportedly formed a partnership with Ungelt Partners with this in mind.
Sekyra Group executive director Leoš Anderle told e15 that the new investors have an option to acquire a 50 percent stake in the JV. Under the existing project for Rohan Island, two office buildings with 30,000 sqm of GLA would be built in the first phase of work along with the construction of 200 flats in a pair of apartment building. The work would require an estimated CZK 2.5bn, according to the paper and the project is still in planning. An architectural study for the Smíchov site is due to be presented in April, after which planning procedures could begin. Sekyra would only acquire the land in both locations once it had secured planning.
