Tuesday, 14 April 2026
TTC Group has acquired an office building in Prague from Česká spořitelna, expanding its presence in the commercial real estate sector.
The property, located in Prague 4, offers approximately 25,000 sqm of space across eight above-ground and five underground floors. The transaction was completed on 1 April 2026. Following the acquisition, TTC’s total leasable area exceeds 100,000 sqm, with the overall portfolio value approaching CZK 3 billion.
The building, completed in 2007, is currently occupied by companies from the Česká spořitelna group, which will remain as tenants for a transitional period before relocating to new premises.
“For us, this acquisition represents a combination of stable returns and significant development potential. In addition to the leasing business, we see key value in the opportunity for further development of the data center, where we have strong expertise and growing demand,” said Ivan Strouhal.
Part of the building’s underground space is designated for technological use, which TTC intends to utilise for potential expansion of its data centre capacity.
“The success of this deal stems from the fact that we managed to find a suitable investor for our client’s property, Česká spořitelna. TTC has a clear plan for how to utilize the building, and as a technology group, it was able to appreciate its specific parameters,” said Zdenka Klapalová, whose firm advised the seller.
The location is expected to benefit from the planned development of the Metro D line, including the Olbrachtova station nearby.
“Prague 4 has long been one of the most sought-after business addresses in the capital. With the arrival of the new metro line, its appeal to future tenants will increase even further,” Strouhal added.
Alongside this acquisition, TTC continues to develop its broader real estate activities, including projects such as the Malešice Technology Park in Prague, where a new technology-focused complex is planned.
