Brno, Czech Republic / Luxembourg, 13 February 2019
The former industrial compound that is to become Nová Zbrojovka is abuzz with pre-construction activity, while at the same time some other vital work shaping the site’s future is progressing – further architectural proposals have been unveiled to present to the public possible designs and uses for the compound’s different parts. In what is already the fourth such unveiling, three architectural studios are presenting their designs for Zone 2. It used to feature the gateway into the former arsenal. The proposed designs have been on display since 13 February on the premises of Brno City Architectural Office as well as on the project website at www.novazbrojovka.cz, The website also offers visitors the opportunity to vote for the best design and post comments on the entire project.
The new neighbourhood that will replace the disused industrial compound will affect the whole city of Brno and that’s why we want to let local citizens have a say on the neighbourhood’s future look, says Zdeněk Havelka, Executive Director of CPI Property Group..
Architectural designs proposed for the centrally positioned Zone 5 that were unveiled last month have in the meantime prompted nearly 900 votes and comments. That amounts to more public interaction than was seen for the two previously presented zones combined. The growing interest from the public is very pleasing to us, adds Zdeněk Havelka.
Zone 2 is located on the southern edge of the former Zbrojovka compound, adjacent to a military hospital which includes original buildings of a medieval monastery. As well as previously serving as the gateway into the former arsenal, this part of the compound was home to its offices, including the headquarters (the Lazareta building).
Voting about proposals of Zone 2 you can find here.
CPI PROPERTY GROUP is a leading long-term investor in income-generating real estate, primarily in Czechia, Berlin and the CEE region. The Group’s headquarters are in Luxembourg and its shares are listed on the Frankfurt Stock Exchange. CPI Property Group (“CPIPG”) owns and operates a diversified, high-quality real estate portfolio valued at €7 billion as of June 30, 2018. While the largest sectors of the Group are office and retail, CPIPG also has hotels, residential, industrial, agricultural and logistics properties and holds a land bank primarily in Czechia, of which the largest segment is in Prague. Approximately 78 percent of CPIPG’s properties are located in Czechia and Berlin, with the remaining properties in Hungary, Poland, Slovakia and Croatia and to a lesser extent Switzerland, France, Italy, and Romania. The Group has an asset management team which actively manages the portfolio to improve occupancy rent, and tenant mix. The Group conducts asset management at the headquarters level, and at the local level for all key segments and geographies. Currently, CPIPG is the largest office landlord in Prague, the largest retail landlord in Czech Republic, the largest office landlord in Berlin and second largest residential landlord in the Czech Republic. The Group’s strategy is focused on our core geographies of Czechia and Berlin, with continued selective investments in CEE and other segments where we can add value. CPIPG has a conservative financial policy which supports the Group’s investment grade credit ratings.