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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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