GEMO DEVELOPMENT

What GEMO DEVELOPMENT does

GEMO DEVELOPMENT, spol. s r.o. is a privately held Czech real estate developer headquartered in Olomouc-Lazce and operating as the dedicated development arm of the GEMO conglomerate (koncern GEMO). The company draws on more than 35 years of group-level development experience and runs a 12-person team that manages projects across six segments: residential, office, retail, industrial, hospitality, and public-sector infrastructure, spanning both the Czech Republic and Slovakia. Its portfolio includes named projects such as Vila park Tabulový vrch, Vila park Balcárkova, Nová Karolina (and its second phase) in Ostrava, OC Novum in Prešov, Technologický Park Olomouc, Aquapark Olomouc, and Andrův stadion, alongside industrial builds delivered for tenants including VOLVO, Jungheinrich, Everlift, and Lidl.

The company's business model is project-based and self-capitalized: GEMO DEVELOPMENT invests in real estate projects using its own capital and provides full-lifecycle services — from idea, planning, and permitting through construction, sales/leasing, and ongoing property management. Revenue is generated via project sales (residential units, commercial space), build-to-suit delivery for corporate tenants, and management fees on retained assets. Pricing is quote-based and not publicly disclosed. Distribution is handled directly through an internal sales team and project-specific websites (e.g., vilapark-tabulovyvrch.cz, novumpresov.sk). Customer segments span individual residential buyers, commercial and retail occupiers, industrial tenants, hospitality operators, and the public sector, with no technology, AI, or software product surface disclosed in available source material.

Name

GEMO DEVELOPMENT

Legal name

GEMO DEVELOPMENT, spol. s r.o.

Website

https://gemo-development.cz

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

GEMO DEVELOPMENT is a Czech privately held real estate developer and member of the GEMO conglomerate, providing end-to-end development — investment, planning, construction, sales, and management — across residential, office, retail, industrial, hospitality, and infrastructure segments in the Czech Republic and Slovakia.

Ownership category

akta.pro rank

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

Keywords

• Real estate development
• Residential property projects
• Commercial real estate
• Industrial property development
• Property investment services

Headquarters

HQ city

Olomouc – Lazce

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development and Sales: GEMO Development generates revenue through investing in real estate projects using their own capital and realizing a portfolio of residential, commercial, retail, industrial, and hospitality projects. Revenue comes from project sales and property management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

GEMO DEVELOPMENT is a Czech real estate development company that invests its own capital into property projects and delivers them end-to-end across all phases — from concept and planning, through realization, to sales and ongoing property management. Its portfolio covers residential developments (apartments, villas), office and administrative buildings, retail and shopping centers, industrial and logistics facilities (including built-to-suit for tenants such as VOLVO, Jungheinrich, and Everlift), hospitality projects, and public/community infrastructure, operating in the Czech Republic and Slovakia.

Product overview

GEMO DEVELOPMENT is a real estate development company that provides comprehensive development services spanning the entire project lifecycle—from concept and planning through realization, sales, management, and support. The company operates a diverse portfolio of named projects across six market segments: residential (Bydlení) including Vila park Tabulový vrch, Vila park Balcárkova, Nová Karolina projects, Rezidence na Dlouhé, and Byty Horní Lán; office (Kanceláře) including Administrativní budova GEMO; retail including Obchodní centrum Novum, OC FRÝDA, Obchodní a zábavní park HANÁ, Nákupní centrum FORUM Poprad, Lidl stores, and Nová Karolina park; industrial including Technologický Park Olomouc, Logistický park GEMO, and facilities for VOLVO, Jungheinrich, and Everlift; hospitality including NH Olomouc Congress; and infrastructure including OMEGA Centrum sportu a zdraví, Aquapark Olomouc, and Andrův stadion. The company serves both Czech and Slovak markets.

Differentiator

Problem solved

Functional benefit

Segments6 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves7 records

Expansion highlights5 records

Direct peers

• HB Reavis: Slovak-headquartered developer with strong Czech presence operating across offices, retail, and residential — a direct competitor in the same regional markets and segments.
• Central Group: Largest Czech residential developer, directly comparable to GEMO DEVELOPMENT's residential segment with multi-phase projects across Prague and Czech regions.
• JRD: Czech residential developer focused on modern housing projects in Prague and regional cities, closely comparable to GEMO DEVELOPMENT's residential portfolio.
• Trigema: Czech family-owned developer active across residential, commercial, and retail projects, comparable in full-lifecycle development model and Central European footprint.

Emerging players

• Panattoni: Pan-European industrial and logistics developer with significant Czech activity, comparable to GEMO DEVELOPMENT's industrial segment (Technologický Park Olomouc, facilities for VOLVO/Jungheinrich).
• Accolade: Industrial and logistics real estate developer with strong Czech and Slovak presence, comparable to GEMO DEVELOPMENT's build-to-suit industrial and logistics park projects.

Broad incumbents

• CPI Property Group: One of the largest Central European real estate groups with diversified residential, retail, office, and hospitality exposure — broader portfolio overlap with GEMO DEVELOPMENT's segments.
• Skanska: Global construction and real estate developer with established Czech operations; overlaps with GEMO DEVELOPMENT's commercial and infrastructure development activity.

Regional players

• AFI Europe: Real estate developer and investor active in Central Europe including Czech Republic and Slovakia across retail and office segments, comparable regional footprint to GEMO DEVELOPMENT.
• Reico: Czech real estate investment and development company focused on retail parks and commercial centers, comparable to GEMO DEVELOPMENT's retail project portfolio including OC FRÝDA and OC Novum.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gemo-development-spol-s-r-o-%C4%8Dlen-koncernu-gemo

Revenue estimate

Valuation estimate

Number of profiles

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 GEMO DEVELOPMENT