Trei hires Czech and Slovak MD to focus on residential

German property developer and property asset holder Trei Real Estate has appointed Nadezda Ptackova as managing director for its subsidiaries in the Czech Republic and Slovakia.

'In Nadezda Ptackova, we have won a highly experienced expert with an impressive résumé,' said Pepijn Morshuis, CEO of Trei Real Estate.

'We have big plans for the Czech Republic, as we intend to get into the residential development business. In a parallel move, we will pursue the construction of retail parks under the Vendo Park brand. Nadezda Ptackova is the perfect candidate for either project.'

Between 2004 and 2017, Ptackova worked for property developer Skanska Reality, a Skanska group company for housing construction in the Czech Republic. In 2014, she became the company’s CEO.

During her years with Skanska, she gathered comprehensive experience in all areas related to the project development business. Prior to her stint with Skanska, she worked in the real estate financing unit of Bank Unicredit.

At Trei, Ptackova will be in charge of all property development activities involving commercial and residential real estate in the Czech Republic and in Slovakia.

'I’m thoroughly familiar with the market and the challenges that property developments face in the Czech Republic, and I’m looking forward to helping Trei achieve its strategic objectives,' said Ptackova. 'We will position Trei as established developer in the Czech Republic and in Slovakia.'

To date, Trei has concentrated largely on commercial properties in both territories, with a greater focus on the Czech market. Overall, Trei has 72 assets under management in the two countries, with the Czech Republic accounting for 68 and Slovakia for the other four.

The company’s residential development activities will also focus on the Czech Republic, the firm said, and specifically on its capital Prague.


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