The Park Prague campus
THE PARKPRAGUE
INVESTMENT TEASER — 2026

THE
PARK

116,000 sqm landmark office campus in Prague 4 — Chodov. An institutional-grade investment opportunity.

Deka ImmobilienCushman & Wakefield
SCROLL
0 sqm
GROSS LEASABLE AREA
0%
OFFICE OCCUPANCY
0.0M
NOI 2027
0.00 yrs
WAULT
The Park Prague modern lobby interior

THE BUILDING

THE PARK

PRAGUE

THE FUTURE OF WORK, ELEVATED.

On behalf of our client, Deka Immobilien Investment GmbH, Cushman & Wakefield is pleased to present the opportunity to acquire The Park, a landmark office campus in Prague 4.

Strategically positioned within an established office submarket, The Park benefits from excellent connectivity to the city centre via metro and D1 motorway. The campus provides a unique working environment combining landscaped green areas with a broad range of on-site amenities. Comprising 12 standalone buildings with more than 106,000 sq m of office space, the property offers institutional quality, a strong tenant base and a proven leasing track record, positioning it as a compelling large-scale investment opportunity.

Glass facade

01

INVESTMENT
HIGHLIGHTS

01

OPPORTUNITY TO BENEFIT FROM ONGOING RENTAL UPLIFT

As of 1/1/2027 the campus will generate an average office rent of €16.23/sqm, offering clear reversionary potential against asking rents of c. €17.5/sqm achieved by recently delivered, comparable schemes. While a portion of tenants benefit from extension options, these provide income visibility and cashflow security, with strong prospects for lease renewals supporting long-term rental growth.

OPPORTUNITY TO BENEFIT FROM ONGOING RENTAL UPLIFT
02

OFFICE CAMPUS IN PRAGUE'S LARGEST BUSINESS DISTRICT

Located within Prague's largest office cluster, the campus benefits from a highly populated business district and Prague's largest residential catchment, with over 450,000 residents within a 15-minute drive, supporting strong access to labour and talent. An established occupier base and rich surrounding amenities underpin demand, while ongoing capex investment and on-site management by White Star ensure high operational standards and long-term asset quality.

OFFICE CAMPUS IN PRAGUE'S LARGEST BUSINESS DISTRICT
Campus green spaces

116K

SQM GLA

03

SUPERIOR COST EFFICIENCY

Highly efficient H-shaped floorplates enhance workstation density and reduce fit-out costs by up to 20%, supporting total occupancy savings of up to 33% versus comparable projects. The configuration is well suited to shared service centres and large corporate occupiers, with phased on-park expansion supporting tenant growth and long-term retention.

SUPERIOR COST EFFICIENCY
04

EXCELLENT ACCESSIBILITY AND STRONG VISIBILITY

The Park offers excellent accessibility via Chodov metro station, multiple bus connections and immediate access to the D1 motorway and the Prague Ring Road. A highly competitive parking ratio of 1:51 further enhances occupier appeal. Adjacent to Westfield Chodov, the largest shopping centre in the Czech Republic, the scheme benefits from an exceptional amenity base, while the Park's prominent data wall provides strong visibility from the D1 corridor.

EXCELLENT ACCESSIBILITY AND STRONG VISIBILITY
05

OPPORTUNITY TO INVEST IN PRAGUE'S STRUCTURALLY UNDERSUPPLIED OFFICE MARKET

Prague's office market continues to benefit from a disciplined supply backdrop, ranking among the EU's healthiest office markets with sustainably low vacancy of c. 6%. This strength is underpinned by one of the EU's lowest office-to-employee ratios and limited new supply, supporting sustained leasing tension. With few near-term completions, headline rents are driving higher, with further upside expected as elevated development costs continue to support rental reversion.

OPPORTUNITY TO INVEST IN PRAGUE'S STRUCTURALLY UNDERSUPPLIED OFFICE MARKET
The Park Prague campus

02

LOCATION

PRAGUE 4 — CHODOV

2 min

Metro Access

2-minute walk from Chodov metro station (Line C), providing fast, high-capacity access across the city

2 min

Highway Connection

Immediate Ring Road and D1 access with 2,044 underground parking spaces

13 min

City Centre

Prague city centre via metro Line C — #2 ranked public transport globally

30 min

Airport

Václav Havel Airport Prague via D0 ring road

Adjacent

Westfield Chodov

Adjacent to one of Central Europe's largest shopping centres — 350+ shops and restaurants

Planned

Future Metro D

New Metro Line D planned at Pankrác interchange, creating a rare dual-line metronode

Campus walkway

03

THE ASSET

12
BUILDINGS
90%
OCCUPANCY
€16.23/sqm
AVG RENT 2027
€24.9M
NOI 2027
116,006 sqm
GLA
The Park Prague campus

INFORMATION OVERVIEW

LOCATION
V Parku, 148 00 Prague 4, Czech Republic
BUILDINGS
12 H-Shaped in 9 SPVs
YEAR BUILT
2008
MAIN TENANTS
DHL, Broadcom, Honeywell
TENURE OF BUILDINGS AND LAND
Freehold / Leasehold on Lands (until 2096)
RENT DOMINATION
EURO
UNDERGROUND PARKING
2,044 spaces
AVERAGE PASSING OFFICE RENT 2027
€ 16.23 /sqm/month
OFFICE OCCUPANCY
90%
WAULT
3.80 years (key date 1/1/2027)
CERTIFICATE
BREEAM "Excellent"
NOI 2027
€ 24.9 MILLION P.A. FULL POTENTIAL INCOME
TOTAL CAPEX INVESTED 2016–2026
Almost € 20 million
EPC
C/D with possibility of an upgrade to B
GROSS LEASABLE AREA
Total: 116,006 sqm | Office: 106,221 sqm | Retail: 2,489 sqm | Storage: 5,980 sqm | Other: 1,316 sqm
ACCESSIBILITY
2-minute walk from Chodov metro station
Direct car access to Prague Ring Road and D1 motorway

MAIN TENANTS

DHL

Logistics

Broadcom

Technology

Honeywell

Aerospace & Industrial

Swietelsky

Construction

IBM

Technology & Consulting

Green campus landscape

05

SUSTAINABILITY

ESG & GREEN CREDENTIALS

BREEAM CERTIFICATION

Excellent

Campus-wide certification

ENERGY PERFORMANCE

A
B
C
D
E
F
G

GREEN CAMPUS FEATURES

BREEAM "Excellent" certified buildings

LED lighting throughout all common areas and parking facilities

High-efficiency HVAC systems with smart building management

Green landscaping and biodiversity corridors across campus

Electric vehicle charging stations in underground parking

Rainwater harvesting and grey water recycling system

Bicycle storage and end-of-trip shower facilities

On-site management ensuring high operational standards

06

DOWNLOADS

DOCUMENTS & MATERIALS

Investment Teaser

Full investment teaser (May 2026)

PDF

25.9 MB

Campus Brochure

The Park Prague brochure 2025

PDF

8.2 MB

Site Plan

Campus site plan with building layout

PDF

2.4 MB

Technical Specifications

Detailed building technical specs

PDF

1.8 MB

Access restricted to authorised investment professionals. Please contact the advisory team to request access.

Building detail

07

CONTACT

US

ADVISORY TEAM

Michal Soták

Head of Capital Markets CZ

Investor Services

Cushman & Wakefield

Jeff Alson

Head of Capital Markets CEE

Investor Services

Cushman & Wakefield

Adam Bílek

Consultant

Capital Markets

Cushman & Wakefield

Césarine Calafell

Investment Analyst

Capital Markets

Cushman & Wakefield

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