Sunday, 20 January 2019

Central Group acquires Zličín brownfield

Prague TV |
14 January 2019

Czech developer Central Group has acquired a brownfield site in Prague's Zličín district and plans to use it to build a new neighborhood with up to 6,000 apartments and tram service. The land was the former site of a Siemens factory. Central Group purchased the land from the firm PSN. It is the largest acquisition in Central Group's history. The price of the deal was not disclosed.