About us

Every story has its unique beginning.

Ours? It started with a series of smaller real estate projects across Prague and its surrounding regions. For a while, we even ventured into construction business. The commitment to doing things without compromise eventually led us to the realization of our own development projects.

Currently, the CIB GROUP focuses on leasing, management, and construction of residential and commercial properties. Our property portfolio comprises of more than 1300 apartments (approximately 80,000 m2 of residential space) and over 18,000 m2 when it comes to office space.

In the field of residential leasing, we aim to expand our housing repertoire while gradually enhancing its quality. The second pillar of our investment strategy is formed by office space leasing. In fulfilling this strategy, we emphasize the prestigious location of our office complexes and the professional quality of services provided. Following the restructuring of the group in 2024, the significance of our own development projects within the group has increased, with the largest projects being the revitalization and expansion of the Písnice housing estate and the Garden Village project in Lichoceves.

We undertake a range of activities in the areas of corporate social responsibility and charity.

Our group currently consists of the following companies:

CIB GROUP, a.s., providing advisory and administrative services to the group
CIB Rental, s.r.o., overseeing the residential portfolio in Prague – Písnice and its management
Flats Liberecko s.r.o., overlooking the residential portfolio in Liberec and Hrádek nad Nisou
Flats Strašnice s.r.o., managing the residential portfolio in Prague – Strašnice
Flats Chudenická s.r.o., overseeing the residential portfolio in Prague – Hostivař
Flats Cihlářská s.r.o., taking care of the residential portfolio in Prague – Prosek
Flats Benkova s.r.o., managing the residential portfolio in Prague – Chodov
Balabenka Office Building, s.r.o., managing the Balabenka administrative building
CIB Property, s.r.o.
Infrastruktura Lichoceves, s.r.o., owning the development land of the group
Obec v zahradě, s.r.o., planning and supporting the Garden Village project and operating the Emma Sophia Stables in the village of Lichoceves

The CIB GROUP is led by the Executive Director Dušan Koňařík.

Strategic decisions of the group are made by:

Pavel Španko, Hana Formánková, and Dušan Koňařík

The ultimate owner of the group is Pavel Španko.

History Contacts

History

Significant milestones of our story

2024

Mr. Pavel Španko becomes the sole owner of the group. CIB group undergoes restructuring with the integration of Mr. Španko's other personal business activities
The board of directors of the company is now composed of Mr. Pavel Španko and Mrs. Hana Formánková. Mr. Dušan Koňařík remains the executive director
Inclusion of the project “Lichoceves - Obec v zahradě” (transl. Lichoceves - Village in the Garden) project into the CIB group, along with the operation of the Emma Sophia Stables
Sale of smaller residential portfolios in Prague
Completion of the reconstruction of Vodičkova 33

2023

Passing of the managing partner and co-owner of the group, Mr. Alois Přibyl
Development of urban planning concept in the Písnice area
Progress in the reconstruction of Vodičkova 33

2022

Commencement of construction works on Vodičkova 33
Development of urban planning concept in the area of Písnice
Partial reconstruction of the apartment portfolio in Hrádek
Reconstruction of residential buildings in Prosek

2021

Successful management of the company throughout the decline in real estate demand due to the Covid-19 pandemic and stabilization of all portfolios
Preparation and initiation of extensive reconstruction of Vodičkova 33
Development of urban planning concept in the Písnice area, including the preparation of revitalization of some buildings
Preparation of the residential and commercial project “Vodičkova 33”

2020

Achievement of the international BREEAM in-use certificate with a "VERY GOOD" rating for the Balabenka administrative building
Sale of residential portfolio in Klatovy
Sale of Delta Haus administrative building
Public presentation of completed urban planning study of the Písnice housing estate

2019

Completion of the restructuring of the residential portfolio through the merger of companies, integration of Písnice apartments along with other residential portfolios nationwide into the newly established company CIB Rental, s.r.o.
Refinancing of the residential portfolio following the completed merger of companies.

2018

Launch of the pisnice.com information portal
Opening of a Customer Center for Písnice tenants directly in the housing estate, including facilities for property management
New headquarters of the CIB GROUP in the EDISON building on Jeruzalémská Street
Sale of an administrative building in Prague at Kačerov
Purchase of the Písnice Shopping Center in Prague

2017

Purchase of Vodičkova 33 property in central Prague
Revitalization of residential portfolio in Klatovy
Purchase of 740 apartments in Prague's Písnice

2016

Successful completion of the investment project Balabenka, with the building fully leased after construction works
Successful completion of the investment project Delta Haus, with the building fully leased after total reconstruction

2015

Completion of construction of office spaces in the Balabenka administrative building and search for new tenants
Complete reconstruction of the Delta Haus administrative building and search for new tenants

2014

Gradual sale of renovated and fully occupied commercial properties in regions (previously owned by Komerční banka) to local investors
Purchase of Balabenka administrative building in Prague.

2013

Acquisition of the unoccupied Delta Haus administrative building in Prague's Vinohrady
Commencement of reconstruction of residential buildings in Prague's Chodov and Prosek

2012

Complete reconstruction of residential buildings in Prague's Strašnice and Hostivař
Purchase of 100 apartments in Prague's Chodov and Prosek

2011

Acquisition of the Klatovy residential building with 50 apartments
Complete reconstruction of residential buildings in Liberec, partially funded by EU Operational Program
Reconstruction of administrative buildings acquired from Komerční banka and gradual occupancy by new tenants

2010

Termination of engagement in the construction business sector
Purchase of 300 residential units in Liberec
Purchase of an administrative building in Prague at Kačerov
Purchase of seven administrative buildings from Komerční banka, with partial leaseback to Komerční banka

2009

Departure of overseas investors due to the financial crisis in the USA and takeover of CIB GROUP by its management
Corporate strategy shift towards the real estate market, expanding portfolios of residential and commercial properties

2008

Implementation of a new generation information system for property and administrative fund management
Entry into INTEGRA Stavby, a.s. (formerly Integra Liberec, a.s.).

2007

Preparation for the reconstruction of residential buildings in Hrádek nad Nisou.

2006

Purchase of a residential fund in Hrádek nad Nisou in a public auction, comprising 270 apartments

2005

Purchase of the first residential complex of former company apartments in Prague's Hostivař and Strašnice, consisting of 150 residential units
Commencement of operations in construction (acquisition of a company engaging in construction materials production)

2004

Establishment of CIB GROUP by foreign investors (formerly CANADIAN INVESTMENT BRIDGE).