• Capabilities: Technical Due Diligence

Korenskeho 1

Prague, Czech Republic - Kořenského 1 is a historic building built in the 19th century with a heritage protected street façade with paintings. Situated in the historical city centre of Prague, the mixed-used asset combines residential and office part.

2,750 m2

Total floor area

Technical Due Diligences (TDD) and Environmental Due Diligence (EDD) has been carried out for our client Generali Real Estate to support acquisition of the building. This TEDD included a building condition assessment and cost estimation of needed repairs. The Arcadis team was led by Frantisek Roztocil and Jan Podzimek, supported by other professionals in the expert team. Arcadis provided detailed Technical Due Diligence (TDD), Environmental Due Diligence (EDD) and following technical consultancy services during the transaction.

“The Arcadis team appreciated the opportunity to work as TEDD provider during the Generali acquisition of Kořenského 1, a historic building with a unique façade in Prague. We are happy that our services contributed to a successful closing of the transaction and we look forward to working on another GRE projects,” said Fratisek Roztocil, Project Manager at Arcadis.

Outcomes

2,750 m2

Total floor area

Questions about this project

Ing. Jan Podzimek

Head of Financial Institutions +420 607 170 521 Ask me a question
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