Geosan Development s.r.o. is a Czech real estate development company based in Kolín, near Prague, with a core focus on residential and commercial projects in the Czech capital and surrounding regions. The company was incorporated in 2014 and currently employs 10 to 19 people, according to the most recent data. Its financial results for 2024 signal significant growth, with net sales revenue up by over 58% and net profit margin increasing by 36% compared to the previous year.
Geosan Development is part of the broader Geosan Group, a notable player in the Czech construction market. The company’s history as a developer stretches back to the 1990s, originally through its earlier joint-stock incarnation. Over its existence, Geosan Development has completed 22 buildings totaling nearly 2,350 apartments.
In recent years, Geosan Development has broadened its activities. In Prague, it is behind the Re.Start Petynka project in Prague 6, a large-scale residential complex near Břevnov and Hradčany with 283 apartments and a budget of 2.4 billion CZK, scheduled for completion roughly two and a half years after construction begins. Other ongoing projects include the Radimova Břevnov Residence, Rezidence Benkova in Chodov, and the Rezidence Vrchlického in Prague 5 - Košíře. The firm is currently preparing around 1,000 new apartments in the wider Prague area and continues to develop land for new family homes in the regions near Poděbrady. Alongside residential developments, Geosan also manages commercial assets, such as the 26,000 square meter Nagano Park administrative complex in Prague 3.