• Capabilities: Financial Institutions

Spalena Office Centre

Prague Czech Republic - Spálená Office Center is a historic building in the center of Prague in the neo-classical style by Bedřich Bendelmayer from 1927, adapted in 1994 by architect Karel Prager with the sculptor Olbram Zoubek. Since the 1990s, the building has been decorated with the logo of Komerční banka, which operates one of its most successful branches in Prague. This First Republic centrally located property offers an interesting space meeting all the technical parameters of modern buildings. The building is located directly opposite Quadrio's office and shopping center. The value of the property at the end of 2018 was 291 million CZK.

,, After the recently completed transaction of the Albatros building, we provided our services to the Spálená Office Center building in the prestigious Národní / Spálená location. Congratulations to FID for a successful acquisition and wish you further business success,´´ said Jan Podzimek, Head of Financial Institutions.

Technical Due Diligences (TDD) has been carried out for our clients FID, with the intent to buy an existing office building. This TDD project in particular consisted of a review of the actual buildings technical state including a cost estimation of identified defects and designs of their removal.

This particular TDD assignment comprised site review, assessment of its current condition from the various points of view such as architectonical, constructional, static, MEP, fire safety and external façade checking.  All of these were reported including a photo documentation.

All identified defects were assessed as per their seriousness and were being added with a qualified investment costs estimation for their removal. TDD also covered a building review from legal point of view (building conformity with valid construction standards). This is being provided by creating a summary and analyses of the most important issued permits including identification of possible neglects or related risks.

The Arcadis team was led by Head of Financial Institutions, Jan Podzimek, assisted by Senior Technical Manager Dvid Urban, Project Manager Jiri Vasicek and other professionals in the Arcadis’ expert team. Jan Podzimek and his team advised on technical matters and aspects of the local market during the transaction. Arcadis provided detailed Technical Due Diligence (TDD).

Questions about this project

Ing. Jan Podzimek

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