A Czech company
Shaping the Future of Cities

In recent years, we have expanded our profile with City Empiria, the Transgas plot, the Grand Pardubice, and the Plynárenská 1 area in Brno, where we also have a branch. The volume of acquisitions has exceeded tens of billions and sales have stabilized at more than 1.5 billion per year. Our activities are growing hand in hand with the team, which today has over 120 employees. Even after three decades, we remain active and are looking for new opportunities to turn the city into a home.

Between 2012 and 2018, we purchased dozens of buildings and made key acquisitions such as Dlážděná Palace and Břehová 8. The volume of purchases reached billions and annual sales were in the order of billions. During this time, we also added iconic buildings such as the Dancing House, Dům módy (House of Fashion), Kotva, and the Koh-i-Noor complex to our portfolio. Each of these steps showed that we have the courage to embark on visions that change the face of the city.

At this stage, we bought 211 buildings with a total value of 5.4 billion CZK. Sales reached 430-575 million per year, which allowed us to expand further. A significant acquisition was Pařížská 23, a warehouse space in Zličín, and in 2008, we obtained a building permit to redevelop the Evropa Hotel, where we later signed a contract with the prestigious W Hotels brand from the Marriott portfolio. It was a time that pushed us towards bolder projects.

The second half of the 1990s and the beginning of the new millennium were a period of steady growth for us. By 2004, the portfolio had grown to more than 300 buildings, most of which were renovated and subsequently sold. The value of purchases during this period approached 1.4 billion, and sales continued to generate hundreds of millions annually. These were the years when we firmly established ourselves in the real estate market and set the standard for our further work.

In 1991, the company was founded by three employees. During the first few years, we bought over two hundred buildings, most of which we successfully sold after reconstruction – both as entire buildings and as individual units. The volume of purchases exceeded one billion CZK and sales were steadily bringing in 150-200 million per year. We also established a brand in Pardubice. In 1995, the Prague Metronome, a symbol that has accompanied us to this day, became part of our portfolio.