IAD IRF, a sub-fund of IAD Investments Fund, has signed a lease agreement with Kooperativa poisťovňa, a.s. Vienna Insurance Group and its subsidiaries for the office space in the Twin City C building in Bratislava.
The leased area is 7,200 sqm. It is scheduled to start in November 2025. The contract is for 10 years. The Fund expects the occupancy rate of the Twin City C building to exceed 95% by the end of 2025.
“We are very pleased that Kooperativa has become our new tenant. It is confirmation for us that our investment strategy is correct and brings long-term value to investors,” said Martin Proksa, CEO at IAD Investments Fund and member of BoD at IAD Investments Management S.à r.l.
“We are changing the headquarters of our insurance company after more than three decades of operation in the current premises. This is an important milestone in our history,” said Vladimír Bakeš, Chairman of the Board and CEO of Kooperativa poisťovňa, a.s. Vienna Insurance Group.
As of March 31, 2025, the net asset value of IAD IRF reached more than €115 million. The fund has 12 years of history and focuses on real estate investments with long-term profitability.
