Project Highlights
5 floors
above-ground residential building
~1,187 sqm
lettable area
Riegrovy sady
within immediate reach of one of Prague’s most attractive urban parks
Metro A
and Tram, Train nearby
Location:
U Rajské zahrady 14, Prague 3
Owner:
PS Group (34% share)
Period:
June 2026–present
PS Group Engagement
June 2026–present:
Investment participation in a newly acquired residential asset in Prague 3, with a focus on long-term value creation, rental optimisation and future development potential.
The Story Behind U Rajské zahrady project
U Rajské zahrady 14 is a historic residential building located in one of Prague’s most attractive inner-city neighbourhoods, on the border of Vinohrady and Žižkov.
The property benefits from an exceptional urban setting, close to Riegrovy Sady and Rajská zahrada, with excellent access to public transport, services and the city centre. From the upper floors, the building offers panoramic views towards Prague Castle and the historic centre.
The asset combines the character of a traditional Prague tenement building with a clear opportunity for future value creation. The property includes a main street-facing building with a passage and an additional structure in the courtyard, creating potential for further improvement, upgraded residential use and more efficient long-term operation.
With its location, existing income profile and development potential, U Rajské zahrady 14 represents a value-add residential investment in a highly desirable part of Prague.
Why This Story Matters
U Rajské zahrady 14 demonstrates PS Group’s ability to identify and participate in residential investment opportunities with both immediate income and long-term growth potential.
The project combines a premium Prague location, an existing residential asset and a clear value-add strategy. It reflects PS Group’s focus on projects where active asset management, development know-how and long-term operational discipline can unlock additional value.
For PS Group, the project is another example of its approach to urban real estate: improving existing assets, strengthening their long-term performance, and contributing to high-quality residential living in established Prague neighbourhoods.
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.
Residential Property Management
Full-service management of residential assets — combining technical oversight, letting, financial control, and utilities to deliver stable income, sustained value, and long-term tenant satisfaction.
Commitment to Sustainability
Future steps may include technical upgrades, improved energy efficiency, better use of the courtyard and enhancement of the building’s residential comfort. By investing in the renewal and optimisation of an existing asset in a central Prague location, the project supports responsible urban development and the continued use of established city infrastructure.


