In Ostrov near Karlovy Vary, in the new industrial park Panattoni Park Ostrov South, construction of a 65,000 sqm building has begun.The first tenant will be WITTE Automotive Czechia, an international manufacturing company specializing in the development and production of system solutions for the automotive industry. The developer of the project is Panattoni and the completion of the hall is planned for 2025.

Today, Passerinvest Group symbolically launched the construction of the multifunctional Hila building in Brumlovka, Prague 4. Upon its completion in the spring of 2027, the building will provide a combination of approximately 20,500 m² of offices for rent (on the 2nd to 8th storeys), 71 rental flats (on the 9th to 15th storeys) and retail spaces of 2000 m² on the ground floor. All within a single building. The building will also offer spacious terraces for office users and balconies with beautiful views for the residents. The Hila building will completely fulfil the company’s ESG strategies and will be equipped with modern technologies, from which the cooling and heating system with radiant ceilings, which represents the most modern concept of indoor climate control, for example, is worth mentioning. Thanks to the well-designed combination with the planned heat pumps, it will be a highly efficient and economical design to operate. The renowned studio Aulík Fišer architekti is behind the architectural design of the project; the construction contractor is GEMO. The owner and investor of the building is Passerinvest Group.

In 2022, 146 400 multinational enterprise (MNE) groups were operating in the EU and the European Free Trade Association (EFTA) countries (EU-EFTA). They employed over 47 million people in EU-EFTA countries, or 28% of people working in the business economy including industry, construction and services.