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Real Estate Karlin Group was formed in 1997 by Serge Borenstein, Charles Butler, and the Marc Rich Real Estate Group. Its investment and development activities focus mainly on the Prague 8 district, in particular Karlín and Libeň where the company owns a sizeable amount of real estate. The company plans to undertake the comprehensive development of this land in the upcoming years.
NOVÝ KARLÍN
The ongoing project to revitalise the Karlín district – Nový Karlín (New Karlín) – is based on a land-use plan and an architectural study, which envisage several thousand square metres of administrative, commercial, residential and entertainment space being built in this locality in the next few years.
INVESTMENT VALUE
Real Estate Karlin Group pays close attention to the standard of the architectural design of all the projects it plans and executes. Thanks to this unswerving dedication to quality, the company has received the prestigious awards "Best of Realty" and "Building of the Year" for its Palác Karlín, Corso Karlín, and Kotelna projects. The commercial value of Palác Karlín and Corso Karlín was confirmed when the properties were sold to the IMMORENT and M.A.I.L. investment companies in 2001 and 2002
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