Project Highlights

1,777 sqm

usable space

School

operation

Origin

in 13th century

Location:

Dlouhá 34, Prague 1

Owner:

PS Group (33%)

Period:

2022–2025

PS Group Engagement

2022:
Project aquired.

2022–2023:
Re-fit of the building to be used as a school.

2023–2025:
Comprehensive commercial property management and letting.

2025:
Project sold.

The Story Behind Dlouhá 34

The House at Dlouhá 34 (U Borovanských) is a cornerstone of Prague’s historical street, with origins in the 13th century.

Over the ages, it incorporated multiple architectural styles from successive eras. PS Group enhanced the property by adapting it into the Leonardo V. Academy, which continues to operate there even after ownership change.

Why This Story Matters

The project demonstrates PS Group’s ability to adapt a historic building for educational purposes, increase its value, lease it, and subsequently execute its sale.

Services delivered by PS Group

A selection of PS Group services executed for this project.

Investments

Sourcing and structuring investment opportunities in real estate, with legal and financial frameworks that secure optimal returns while controlling risk.

Financial and Legal Services

Financial and legal services applied to our own investments and client projects — ensuring compliance, sound contracts, accurate reporting, and robust risk management.

Commercial Property Management

Full-service management for office and retail properties to maximise occupancy, increase value and keep tenants satisfied.

Letting

From strategy to tenant acquisition, we secure long-term leases aligned with owners’ goals.

Fit-out

Custom refurbishments to create functional, attractive and ready-to-use spaces.

Sales

Managing residential unit sales from marketing to client service and contracts — ensuring smooth transactions, satisfied buyers, and successful project completion.