AFI reports stable performance and full occupancy of rental portfolio in the Czech Republic in 2025

15 January 2026

AFI closed 2025 with stable performance across its residential and office portfolios in the Czech Republic, maintaining high occupancy levels and continuing the expansion of its rental housing platform. During the year, the company also strengthened its management structure, with Karin Shalev Shogol appointed as CEO for the Czech Republic.

According to AFI, all residential projects under the AFI Home brand reached full occupancy in 2025, reflecting sustained demand for professionally managed rental housing in Prague. The company views this as confirmation of its long-term build-to-rent strategy, which focuses on developing rental housing in established locations, maintaining construction quality and sustainability standards, and expanding the portfolio through land acquisitions.

“2025 was another successful year for AFI. We achieved full occupancy in our AFI Home rental housing projects, confirming the strong demand for high-quality, professionally managed housing in the Czech Republic,” said Karin Shalev Shogol, CEO of AFI in the Czech Republic. “This result also confirms the correctness of our long-term build-to-rent strategy, which is based on the systematic development of rental housing in attractive locations, an emphasis on quality of construction, sustainability, and professional management, as well as the continuous expansion of our portfolio through the acquisition of suitable land for future rental housing projects.”

AFI currently has two residential schemes under construction. AFI Home Strašnice is being developed in two phases and will deliver a total of 519 apartments, while AFI Home Nová Elektra, comprising 291 apartments, recently reached the shell-and-core stage.

The company also reported progress in the office segment. In 2025, AFI signed an agreement to acquire the Port7 office project in Prague, located in the Holešovice district. “We have also been successful in the commercial sector, where we have concluded an agreement to acquire the Port7 office project in Prague’s Holešovice district. This represents a significant step in further strengthening our office portfolio and confirms the AFI Group’s long-term interest in high-quality projects that are exceptional in terms of architecture and urban planning,” Shogol said.

AFI currently operates five office buildings in Prague, all with near-full occupancy. The company attributes the stable performance of its office portfolio to demand for well-located, energy-efficient buildings and an active asset management approach. The Port7 acquisition, together with adjacent land for future development, further expands AFI’s presence in the Prague office market. The project holds LEED and WELL certifications and places emphasis on workplace health and tenant-oriented community programmes.

Beyond portfolio growth, AFI plans to increase its involvement in local communities. As part of the AFI City project in Vysočany, the company intends to build a nursery school that will be accessible not only to residents of the development but also to families from the surrounding area.

AFI Home currently comprises nearly 900 rental apartments across four completed residential schemes, all of which are fully let. Alongside physical expansion, AFI continues to invest in digital tools aimed at improving tenant communication and operational efficiency, including further development of the AFI Home mobile application based on user feedback.

Photo: AFI, CEO, Karin Shalev Shogol

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