2019 was marked by construction beginning on a number of major projects which will be completed during the course of 2020. We haven’t compromised in the slightest in our vision – to build attractive buildings making use of both beautiful and useful architecture, which stand out at first sight from most buildings built today
After the media success of our Cyberdog project in 2018, Trigema once again made waves in domestic and international media and amongst experts through preparations for constructing the tallest building in the Czech Republic, the TOP TOWER, which has again come out of our architecture studio, Black n’ Arch, and David Černý. We should also note our recognition by experts in the form of the Best of Realty and the Meeting Room of the Year awards.
However, the profound difficulties involved in gaining approval for investment construction of many years standing continue, despite their slight relaxation in the government’s vision to reform the Building Act into a new legal standard given the motto “one approval, one stamp”. This is planned for adoption in 2021 with the new act gradually coming into force by 2023. Thus the future looks rosier than the continuing complex building approval process of the present.
Within our residential development concept we call Smart Living, we began construction of an apartment complex in Prague’s Nusle district at the site of a former dairy, we acquired the building approval we anticipated for the FRAGMENT residential rental project in Prague 8’s Invalidovna district at the turn of 2019 and 2020, we completed and fully sold our apartment building on Na Maninách street in Holešovice, and in Plzeň we completed sale of all apartments in the KLR@Plzeň project and began construction of our second residential project, V Zahrádkách.
As well as newbuild, Trigema Building also focused on renovation, insulation and other projects of a construction nature not just in Prague, but also elsewhere in the country. One project of note was the renovation of an historical villa in Hrádek nad Nisou.
What really helped us as a building company, however, was a fundamental change in our business strategy for future years, which began to express itself in early 2020. We expanded our Monínec resort with a new summer attraction, Terasy Monínec (Monínec Terraces). This involved construction of a kid’s playground, new outdoor pool and the essential outdoor refreshments. All this falls into our long-term vision of Monínec as a venue for families with kids in summer and winter, and a training centre in spring and autumn.
We also developed our other activities. Noteworthy was launch of production of our first wine at the Dog in Dock winery, and further technological progress in the Flat Zone startup project, a new real estate aggregator utilising data from our development analyses. And like every year, we also supported non-profit activities: Centrum Paraple, Dejvické divadlo and Czech Photo – operator of the Czech Photo Centre in Nové Butovice and also the organisers of the Czech Press Photo and Czech Nature Photo contests, and other projects.
In fact, I haven’t yet mentioned one more event, Trigema’s 25th birthday party. This involoved all company employees first building a relaxation park at the Promenade in Nové Butovice, and then spending the whole of Sunday building a ski slope at the market in Prague’s Holešovice district in front of SaSaZu club, where a grand birthday party was held. I trust that anyone who was there remembers it fondly today. And anyone who wasn’t there is invited to our 30th birthday celebrations, which are coming inexorably closer.
The year 2018 was primarily the year when we successfully completed several of our residential projects – an apartment building in Jeremiášova Street in Lužiny, Bolevecká in Horní Měcholupy, Čistovická in Řepy and Kollárova in Plzeň or even the first result of cooperation with David Černý and his team by opening the Cyberdog robotic information centre/robotic wine bar.
In addition, thanks to Cyberdog, Trigema has brought itself to the attention of both domestic and foreign media, which has also meant that we have appeared in The New York Times, the Washington Post, The Sydney Morning Herald and the German Die Welt.
Despite these achievements, it was a tough year. The process of permitting construction projects in the Czech Republic, and especially in Prague, has definitely been blocked. Any change for the better will require tough work and long-term changes, especially in the relationship between self-governments and the state government. It is not normal that the preparation and permission process for a building in Prague takes 8 years or even more! So, the struggle for stamps and obtaining necessary building permits continued in the Prague residential market. Therefore, every day we were forced to invent new tactics and procedures to achieve the single thing - to move closer to a moment when we can finally start construction and selling our next upcoming projects.
It should also be noted that we have not been alone in this. Unfortunately, all other market players have had similar experiences over the past 12 months. In addition to our development activities, we focused on our other activities and projects. Thanks to the team of Josef Dressler, we opened a new bike Family Trail in Monínec and, above all, completed the reconstruction of the Nová Javorka guesthouse. Nor can we forget the start of closer cooperation with Intersport, which has opened a new rental and service ski and bike shop in Monínec.
Among other things, Trigema Building completed the extension of the Tupolevova Elementary School in Letňany, Prague, where 11 new and two renovated elementary school classes were created. According to the investor, the quality of the work done was highly above standard.
We also managed to start a project of our own brand of wines, Dog in Dock, which we started to oer publicly and also our first start-up project called Flat Zone, which is an aggregator of new real estate properties using data from our development analyses. Also, the support for non-profit activities has been important. Ever more people might recall our company thanks to the activities of Czech Photo Centre in Nové Butovice, support of Czech Press Photo and Czech Nature Photo competitions, as well as long-term support of the Paraple Centre.
In 2017 Trigema focused more than it ever had in the past on its future development, in the field of development and in construction, tourism and in our other activities. We simultaneously increased our efforts to conduct business in the field of start-ups, which has resulted in the first feasible project. Development remains a crucial sphere of activity for Trigema. The results of our developer work are smart living apartment houses, which are currently offered on three levels of quality, in both Prague and in Plzeň.
We are also preparing several additional projects in the capital city and in other cities in the Czech Republic. With regard to the size and therefore also the financial requirements of the individual projects, the plan to establish the historically first Trigema corporate bond programme was announced in 2017. Within the scope of the first bond issue wave investors subscribed bonds for nearly 450 million crowns. The original estimate was that the interest of investors would be much smaller and would range at just around 300 million Crowns.
We were also able to boast good results in relation to construction production, where we were engaged not only in construction of residential buildings, but also in renovation and insulation. The awards we were presented in the Building of the Year contest are evidence of the quality of our work.
Improvement of the economic results of the Monínec Resort, which are based on increasing the visiting rate and revenue, are the results of our investment activities in recent months. The new Snowfactory technology has brought tens of thousands of new clients to Monínec. But we were also successful here in other seasons. This means that the resort has become a fully-fledged facility for spending leisure time throughout the year.
We also gave considerable support to selected projects in the field of social responsibility. As well as Centrum Paraple, who we have supported for over 15 years, this particularly means the projects and activities of the Czech Photo charitable association, which operates the new multi-cultural Czech Photo Centre and organises the Czech Press Photo and Czech Nature Photo competitions. Awareness of the Trigema brand is increasing every year, as surveys confirm. We also appreciate the trust our business partners express on a daily basis. However, we also respond to current developments on the real estate and construction markets so that we are capable of keeping up with the strong competition in the following years.
Areas that are currently a great challenge to us are robotisation and automation of construction and we believe there is significant potential in this area. We have naturally used modern technologies to the satisfaction of clients interested in Smart Living for several years now and it is now time to progress in making our construction work even more effective and also increase its quality
2016 - 1994
2016 | Completion of the 2nd phase of the SMART Apartments Nové Butovice project, commencement of construction of BLV@Horní Měcholupy and CSV@Řepy, realisation of insulation of the biggest apartment building in history (investor: apartment building Zelenohorská)
Annual Report 2016
2015 | Completion of construction of the 1st phase of the SMART Apartments Nové Butovice project, commencement of construction of CLB@Letňany.
Annual Report 2015
2014 | Completion of the 2nd and 3rd phases of the 2Barevné Letňany apartment buildings, completion of a science and technology park under the name of Roztoky Science Park and commencement of construction of the SMART Apartments project.
Annual Report 2014
2013 | DCompletion of the 1st phase of 2Barevné Letňany, apartment building Chudenická, commencement of construction of the 2nd and 3rd phases of 2Barevných Letňany, PV Roztoky
Annual Report 2013
2012 | Completion of Rezidence 3D, commencement of construction of 2Barevné Letňany, commencement of construction of apartment building Chudenická for SBD Pokrok, renovation of Hotel Monínec
Annual Report 2012
2011 | Completion of the Science and Technology Park Roztoky and the 3rd phase of the apartment building Letňany, commencement of Rezidence 3D, commencement of construction of apartment building Písková for SBD Pokrok
Annual Report 2011
2010 | Completion of the 2nd phase of apartment building BD Letňany and commencement of the 3rd phase – Blue building, commencement of construction of the Science and Technology Park in Roztoky, renovation and completion of ISP Nebušice
Annual Report 2010
2009 | Construction of the 2nd phase of Barevné Letňany – Yellow building, preparation of the project for the Science and Technological Park in Roztoky, opening of the resort on Monínec
Annual Report 2009
2008 | Consolidated turnover reached nearly CZK 0.8 billion, construction of the Barevné Letňany residential project and apartments on Monínec and construction of the Sportrelax Centrum Monínec ski resort
Annual Report 2008
2007 | Completion of the company’s group structure, establishment of Trigema Building a.s., completion of the 2nd phase of apartment building Stodůlky, acquisitions to the apartment building Letňany project company
Annual Report 2007
2006 | Completion of the multifunctional building in Roztoky and the Academic Congress Hotel, acquisition to the Monínec s.r.o. Company
Annual Report 2006
2005 | Commencement of construction of the congress centre in Roztoky, completion of four apartment buildings in Stodůlky
Annual Report 2005
2004 | Commencement of construction of apartment building Stodůlky and the 2nd phase of development of the square in Roztoky, apartment building Roztoky B2+B3
Annual Report 2004
2003 | Construction of apartment building Jinonice, preparation of apartment building Stodůlky, establishment of Trigema Development s.r.o.
2002 | Occupancy permit issued for apartment buildings in Roztoky A1 and A2 and construction of apartment building Jinonice, contract for land in Stodůlky
2001 | Launch of a partnership with Centrum Paraple
2000 | Winning the selection tender for coordinator of development of the central square in Roztoky
1999 | Completion of construction of Centrum Paraple, completion of construction of apartment building Nýřanská
1998 | Completion of the first developer project in Radotín, the apartment building project on Nýřanská Street, establishment of Trigema Real s. r.o., 1st insulation of family houses
1997 | Construction of an apartment building in Radotín
1996 | 1st lagging of a shed in Čakovice and 1st project for an apartment building in Radotín
1995 | 1st contract – renovation of the roof frame of the U Marčanů restaurant in Veleslavín and construction of the rough structure of a family house in Dobřichovice
1994 | 27 March – establishment of the Trigema s.r.o. Company