Sunday, 25 May 2025
The NEMO Fund, a Czech investment vehicle focused on high-quality office properties in Prague, has expanded its portfolio with the acquisition of the Panorama Business Center. The office building, prominently located opposite the National Museum in the city centre, marks the fund’s ninth real estate investment and reflects its continued strategy of targeting stable, long-term income-generating assets.
The eight-story building offers direct access to the Muzeum metro station, serving lines A and C, along with convenient tram connections and proximity to Prague’s main railway station. The site also includes underground parking, adding to its accessibility and appeal for corporate tenants.
Key occupants of the Panorama Business Center include Všeobecná zdravotní pojišťovna (VZP), Takeda Pharmaceuticals, Kuroda Electric, and Sumitomo Corporation, among others. The building’s central location and high occupancy rate under long-term leases provide the fund with predictable rental income and reinforce its position in the Prague office market.
The transaction follows a period of growth for the NEMO Fund, which saw a 10.2% year-on-year increase in the number of investors. The rising interest has enabled the fund to secure additional capital, which it has deployed to expand its real estate holdings in line with its focus on stable returns from well-located office properties.
With this acquisition, the total value of the fund’s property portfolio rises to CZK 5.6 billion, covering a total leasable area of approximately 75,900 square metres. The fund now counts over 13,000 shareholders, reflecting growing confidence in its investment strategy amid a dynamic commercial real estate environment.
The addition of the Panorama Business Center further diversifies the NEMO Fund’s holdings while reinforcing its emphasis on prime assets with strong tenant profiles and reliable cash flow.
