Sworp purchases office building in Prague

23
May
2024
News - Sworp purchases office building in Prague #Czech Republic #investment #office #Prague #SWORP

by Property Forum | Office

Real estate investor Martin Ladyr, through property management software company Swrop, has bought the office building known as Atrium House in Prague 10 from the investment group Cimex. He has also confirmed plans to reconstruct and modernise it gradually.


The seven-floor Sworp House has a total of 9,988 sqm and in its current form offers offices from 12 sqm up to entire floors. The sprawling office building near the Strašnická metro station was built between 1967 and 1974. It is an atrium-type building with a flat roof whose main supporting structure is a steel frame.

As for the plans, a restaurant is newly opened, and in the future, there are plans for a spacious meeting space to rent on a turnkey basis, and the construction of a fitness and wellness centre. Commercial units on the ground floor of the building will open the entire space to the public. They will also offer themed shared meeting spaces. The atrium will be covered and the tropical garden created in the longer term. The building targets tenants across segments, especially from real estate, finance, IT and the non-profit sector. The value of the purchase transaction was almost CZK 250 million (€10 million).

"We are bringing new life to an iconic office building in Prague 10. We see huge potential here, it is a spacious building with plenty of storage space and parking spaces. By modernising this building, we are moving it into the 21st century," says Martin Ladyr, Founder and CEO at Sworp.




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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

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  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
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