NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.
The eight-floor Panorama Business Center is located at a strategic address in the centre of Prague. It offers direct access to metro stations A and C (Museum) and transport accessibility, including tram connections and proximity to the main train station. The building also has underground parking. Key tenants of the Panorama Business Center building include Všeobecná zdravotní pojišťovna, Takeda Pharmaceuticals, Kuroda Electric, Sumitomo Corporation and other companies.
By closing this transaction, the fund follows on from the end of last year, bringing a significant interest increase from NEMO fund investors. Currently, more than 13 thousand shareholders are investing in the fund.
The acquisition further expands and diversifies the fund's real estate portfolio, which now includes nine real estate projects. After the latest acquisition, the value of the fund's real estate portfolio increased to CZK 5.6 billion (€225 million), and the leasable area reached 75,900 sqm.
