Strategic residential and mixed-use potential in a sought-after Prague 2 location.
above-ground building
lettable area across 35 units
and Tram, Bus nearby
Balbínova 8, Prague 2
Multiple co-owners, PS Group 20%
2024–present
2024:
Acquisition. Investor and co-owner.
2024–present:
Renovation planning and asset management.
Balbínova 8 is a former hotel in a quiet Prague 2 street, within walking distance of the city center.
Its location and flexible layout provide potential for future uses ranging from residential apartments to a mixed residential–commercial scheme.
The planned renovation is designed to enhance asset value and reposition the property to meet the requirements of modern urban living.
The project demonstrates PS Group’s ability to participate in investment opportunities with the aim of renovation and subsequent profitable sale.
A selection of PS Group services executed for this project.
Sourcing and structuring investment opportunities in real estate, with legal and financial frameworks that secure optimal returns while controlling risk.
Financial and legal services applied to our own investments and client projects — ensuring compliance, sound contracts, accurate reporting, and robust risk management.
Managing residential unit sales from marketing to client service and contracts — ensuring smooth transactions, satisfied buyers, and successful project completion.