Redstone Real Estate

What Redstone Real Estate does

Redstone Real Estate (legal entity REDSTONE REAL ESTATE, a.s.) is a privately held Czech joint-stock real estate development group founded in 2015 and headquartered in Olomouc, Czech Republic. The company develops and invests in retail, office, industrial, residential, and mixed-use real estate, with operational presence across five Czech cities — Prague, Olomouc, Ostrava, Pardubice, and Ústí nad Labem — and a single foreign asset, Château Escot in Bordeaux, France. The portfolio includes named flagship projects such as Galerie Šantovka (Olomouc), Envelopa Office Center (Olomouc, LEED Gold certified), Šantovka District (Olomouc, mixed-use), Myslbek (Prague), Galerie Pernerka and Palác Pardubice (Pardubice), and Šantovka Living (residential).

The company's business model combines one-time property development and sales with recurring rental income from owned commercial assets, supplemented by a bond (dluhopisový) program as a debt capital markets funding mechanism. The go-to-market is direct B2B: property sales and office/retail leasing to commercial tenants, enterprises, and individual buyers, with brand visibility driven by social media, project content, and active participation in industry events such as RetailCon and the Association of Shopping Centers Czech Republic. Underlying technical capability rests on long-standing collaborations with 20+ architecture and engineering firms (CHYBIK + KRISTOF, Chapman Taylor, Knesl - Kynčl, OBERMEYER HELIKA, among others) rather than proprietary technology platforms.

Redstone operates with a 51–100 employee base structured under a full seven-person C-suite led by Founder & Group Director Richard Morávek. The firm has accumulated a dense portfolio of industry recognitions — Czech TOP 100 (2022), multiple Best of Realty awards, ESTATE AWARDS 2022, CIJ Awards, and STAVBA ROKU honors — positioning it as a brand-credible mid-sized developer in the Czech market. No external institutional investors, parent company, or M&A activity is disclosed; the firm appears founder-controlled and self-funded through a mix of operating cash flows, asset sales, and bond issuances.

Name

Redstone Real Estate

Legal name

REDSTONE REAL ESTATE, a.s.

Website

https://rsre.cz

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Redstone Real Estate is a privately held Czech real estate developer founded in 2015 and headquartered in Olomouc, developing retail, office, industrial, residential, and mixed-use properties across five Czech cities and Bordeaux, France, serving commercial tenants, office lessees, and residential buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Olomouc

HQ country

Czechia

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Sales: Develops commercial and residential real estate properties for sale, including retail centers, office complexes, and mixed-use developments across Czech Republic.
2. Commercial Property Rental: Operates retail and office properties generating rental income from tenants in shopping centers and office buildings.
3. Bond Program: Issues bonds as part of financial strategy, suggesting debt capital markets as a funding/revenue mechanism.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

REDSTONE REAL ESTATE, a.s. develops and invests in commercial and residential real estate across the Czech Republic, covering retail shopping centers, premium office complexes, industrial properties, residential developments, and mixed-use urban districts. The company operates a property portfolio of named developments including Galerie Pernerka, Galerie Šantovka, Myslbek, Envelopa Office Center, Palác Pardubice, Šantovka Living, and Šantovka District. Revenue is generated through property sales, commercial rental income, and a bond issuance program.

Product overview

REDSTONE is a Czech real estate development group founded in 2015, operating primarily in the Czech Republic with an exception in Bordeaux (Château Escot). The company's portfolio consists of four main project categories: Retail (shopping centers like Galerie Pernerka, Myslbek, Galerie Šantovka), Office (Envelopa Office Center), Industrial, and Residential/Rezidence, as well as Mixed-Use developments (Šantovka District). Key locations include Prague, Olomouc, Ostrava, Pardubice, and Ústí nad Labem. The portfolio is organized by property type and includes specific named projects with their own identities and branding.

Differentiator

Problem solved

Functional benefit

Products and services

• Galerie Pernerka
• Myslbek Administrative and commercial complex (administrativně-obchodní komplex) in Prague located at an exceptional address, combining office and retail functions.
• Galerie Šantovka Shopping center in Olomouc referred to as 'the shopping heart of Haná' (Nákupní srdce Hané), an award-winning retail development with STAVBA ROKU 2014, CIJ Award 13, and Best of Realty 2013 recognition.
• Envelopa Office Center Premium administrative complex (prvotřídní administrativní komplex) in Olomouc. LEED Gold certified sustainable office building awarded Best of Realty 2021, ESTATE AWARDS 2022, and STAVBA ROKU 2022 OLOMOUCKÉHO KRAJE.
• Šantovka District Mixed-use district in Olomouc positioned as a timeless quarter for all generations (nadčasová čtvrť pro všechny generace), combining retail, office, and residential functions within a single urban masterplan.
• Palác Pardubice Retail project in Pardubice, recognized as Best of Realty 2023 by the Czech real estate industry.
• Šantovka Living Residential project under the Šantovka Living brand, positioned as modern housing in well-connected urban areas. Awarded CIJ Award 22 and Realitní projekt roku 2022 (Real Estate Project of the Year 2022).
• Corporate Bond Program (Dluhopisový program) Corporate bond issuance program (dluhopisový program) under which REDSTONE issues debt securities to investors to fund real estate development projects across its Czech portfolio.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and minor.

• CHYBIK + KRISTOFcoreStrategic or Co-development PartnerLeading Czech architectural firm collaborating on development projects. The firm is internationally recognized and contributes to the architectural quality and design of Redstone projects.
• Chapman TaylorcoreStrategic or Co-development PartnerInternational architecture and design consultancy providing masterplanning and architectural services for Redstone development projects.
• Knesl - Kynčl architekticoreStrategic or Co-development PartnerCzech architectural firm contributing to Redstone real estate projects with design and planning expertise.
• K4minorStrategic or Co-development PartnerArchitecture firm listed among Redstone's architectural partners for project development.
• A40 ARCHITECTESminorStrategic or Co-development PartnerArchitecture firm partner contributing to Redstone projects.
• Atelier ParterominorStrategic or Co-development PartnerArchitecture firm partner for Redstone development projects.
• Ateliér ŠuráňminorStrategic or Co-development PartnerArchitecture firm partner for Redstone development projects.
• OBERMEYER HELIKAminorStrategic or Co-development PartnerEngineering and consulting partner for Redstone projects.
• Studio AchtminorStrategic or Co-development PartnerArchitecture studio partner for Redstone projects.
• Studio PerspektivminorStrategic or Co-development PartnerArchitecture studio partner for Redstone projects.
• Studio NminorStrategic or Co-development PartnerArchitecture studio partner for Redstone projects.
• GOGOLÁK + GRASSEminorStrategic or Co-development PartnerArchitecture firm partner for Redstone projects.
• KarlinblokminorStrategic or Co-development PartnerArchitecture firm partner for Redstone projects.
• atelier-rminorStrategic or Co-development PartnerArchitecture firm partner for Redstone projects.
• ALFAPROJEKT OLOMOUCminorStrategic or Co-development PartnerArchitecture firm based in Olomouc for Redstone regional projects.
• Twenty2degrees Design PartnershipminorStrategic or Co-development PartnerDesign partnership firm for Redstone projects.
• STOPRO ARCHITECTSminorStrategic or Co-development PartnerArchitecture firm partner for Redstone projects.
• CMC ARCHITECTSminorStrategic or Co-development PartnerArchitecture firm partner for Redstone projects.
• A8000minorStrategic or Co-development PartnerArchitecture/design firm partner for Redstone projects.
• Association of Shopping Centers Czech RepubliccoreGTM or Marketing PartnerIndustry association for shopping centers in Czech Republic. Redstone participates actively in association events and meetings, representing their retail development portfolio.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• JRD (J&T Real Estate): Czech residential developer backed by J&T Group, focused on sustainable and energy-efficient housing. Comparable to Redstone's Šantovka Living brand on sustainable residential development and ESG positioning, with a similar focus on premium Czech urban locations.
• HB Reavis: Slovakia-headquartered developer with major Czech presence, focused on office, mixed-use, and innovation districts. Most directly comparable peer to Redstone in terms of mid-market size, mixed-use strategy, and Central European focus, including flagship urban regeneration projects similar to Šantovka District.
• Accolade Group: Czech-founded industrial and logistics real estate developer with pan-European operations. Comparable to Redstone's Industrial Portfolio segment and ESG (LEED/BREEAM) orientation, operating from a similar Central European base while serving industrial tenants.
• UBM Development AG: Austrian-listed real estate developer active in Czech Republic, Germany, and Austria across hotels, offices, and residential. Comparable in mid-cap scale and in mixed-use/hotel-adjacent Czech projects, providing a benchmark for capital-markets-listed peer valuation.
• Trigema: Czech residential and commercial developer with a similar mid-tier scale to Redstone. Overlap on residential and mixed-use projects, particularly in Prague and regional Czech cities, with comparable project size and customer segments.
• Central Group: One of the largest Czech residential developers, headquartered in Prague. Comparable to Redstone's residential and mixed-use activities (Šantovka Living, Šantovka District), with significant overlap on Czech urban land bidding and similar target buyer segments.

Broad incumbents

• CPI Property Group: Largest real estate group in the Czech Republic and CEE, operating offices, retail, residential, and hotels. Comparable to Redstone across multiple segments, but at substantially greater scale and with an institutional shareholder base, making it a broad incumbent competitor for Czech land, tenants, and capital.
• Skanska: Swedish-headquartered global developer with established commercial and residential operations in the Czech Republic. Comparable to Redstone in office and mixed-use development, but with materially larger capital base and international development pipeline.
• Penta Real Estate: Slovak/Czech developer of offices, retail, and mixed-use projects. Overlaps with Redstone on office and mixed-use development in the Czech market and is backed by Penta Investments, providing a scale and capital base comparison for an independent Czech developer.
• AFI Europe: European real estate developer and investor with Czech office and retail projects (e.g., AFI Karlín). Comparable to Redstone's Envelopa Office Center and Myslbek on Czech commercial development, with a broader European footprint and institutional backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCjS68ekK49q8RASMWKqvN1g
• Facebookfacebook.com/redstonegroup.cz
• LinkedInlinkedin.com/company/redstonecz
• Instagraminstagram.com/redstone__cz

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redstone Real Estate