“In addition to the excellent technical condition and great location, the building has untapped potential. It can bring above-standard return on investment.”

Marcel Hrošovský, Investment Analyst

Type: Area: Acquisition:
Office 93,000 sq ft May 2018

Thanks to the then untapped potential of the Technopark property on the border of Prague’s Stodůlky and Jinonice, we managed to acquire the building under attractive conditions.

„In the last two years, after the departure of the largest tenant, the building was about 65 percent occupied. Even during Covid, occupancy increased to 80 percent. We are currently planning the reconstruction of sanitary facilities as well as the construction of a charging station for plug-in hybrids and electric cars,” describes Marcel Hrošovský.

To the delight of the tenants, ICP has already taken care of changing the local cafeteria operator.

Technopark is a class-A office building with a size of 92,925 sq ft. It was built in 2003 with a capacity of 153 parking spaces both outdoor and in the underground garage. Its technical parameters and consistently low operating costs attest to the well-thought-out design and use of high-quality materials with an emphasis on craftsmanship. Large, openable windows provide plenty of natural light and offers very pleasant views of the surrounding greenery.

The building is located in Pekařská Street in Prague 5, a 7-minute walk from Nové Butovice metro station. In the immediate vicinity, a large number of apartment buildings have sprung up, the ground floor spaces of which are perfect for shops and other services ensuring sufficient civic amenities in this area. At the same time, the Rozvadovská junction is nearby, which brings the city closer to the D5 motorway. It is therefore an ideal place for branches of companies focusing on Germany and western Bohemia.