Project Highlights

7 floors

above-ground residential building

~1,900 sqm

lettable area across 21 premium apartments

21 on-site

parking spaces for residents

Smíchov City

part of Phase 1 of Prague’s landmark urban project

Metro B

Metro B

and Tram, Bus nearby

Location:

Albrightové 1340/2, Prague 5

Owner:

PS Group (50% share), part of condominium Smíchov 3

Period:

2020–present

PS Group Engagement

2020–2025:
Investment into the Smíchov City project (Residence Madeleine is a part of the project).

2024–present:
Full-service property management and strategic letting, ensuring long-term value and occupancy.

The Story Behind Residence Madeleine

Residence Madeleine is a refined residential building located by the emerging Smíchov boulevard, just steps from Metro line B, next to Na Knížecí and close to Smíchovské Nádraží.

It comprises 21 thoughtfully designed apartments, including a unique rooftop unit with a spacious terrace.

On-site parking adds convenience to urban living. A supermarket, services, and newly created public spaces are all within walking distance.

As part of Smíchov City – the largest urban development in Prague’s modern history – Residence Madeleine delivers high-quality city living in a location that combines excellent transport connections with the attractive environment of a new district.

Beyond its architectural qualities, Residence Madeleine reflects PS Group’s commitment to sustainable urban development.

The building incorporates green roofs, rainwater management, and energy-efficient technologies, aligning with the high environmental standards of Smíchov City.

This ensures long-term value for residents and investors alike, combining comfortable city living with responsible resource management in one of Prague’s most attractive new districts.

Why This Story Matters

Residence Madeleine highlights PS Group’s ability to invest in a landmark project while ensuring the long-term management and letting of residential assets in the attractive Smíchov City location.

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.

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.

Marketing

Comprehensive marketing services for our own portfolio and client projects – from strategy and brand management to digital campaigns, events and media.

Commitment to Sustainability

The project has been developed in line with sustainable building principles – including green roofs, rainwater management systems, and energy-efficient technologies.

Residence Madeleine contributes to the overall environmental standards of Smíchov City, fostering a high-quality urban environment with a strong focus on long-term sustainability.