TTC Expands Its Real Estate Business, Acquiring Česká spořitelna Building in Prague 4

The TTC Group has been strengthening its activities within the commercial real estate sector. It has acquired the administrative building located at Antala Staška 1292/32 in Prague 4 from the Česká spořitelna Financial Group. By doing so, TTC has now expanded its real estate portfolio with a modern multifunctional building that has a potential for the technological development. The total rental area of the Groups portfolio now exceeds 100 000 m² and its value approaches the threshold of CZK 3 billion.

The administration building, completed in 2007, offers a total area of 25 000 m² across its eight floors located above and below ground. For TTC, this is attractive due to its location in Prague 4, as well as for its technological infrastructure enabling the future expansion of the TTC Group´s data centre capacities.

“For us, the acquisition represents a stable profit and significant development potential. In addition to rental business, we see the key value in possible further development of a data centre, where we possess a strong know-how and also see a growing demand,” says Ivan Strouhal, Director for Business Development in Real Estate at TTC Group.

The building currently houses companies from the Česká spořitelna Group, who will temporarily remain there as tenants until they relocate to their newly built headquarters in Smíchov.

“The success of this transaction lies in our ability to find a suitable investor for our client, Česká spořitelna. The TTC company has a clear vision for future use of this property and, as a technology group, has been able to evaluate its specific parameters. Thus, this investment corelates with its long-term strategy and will contribute to the further strengthening of its position on the market,” states Zdenka Klapalová, Managing Director and Partner at a consulting firm Knight Frank, who represented the seller. The transaction was completed on April 1, 2026.

Strategic Location near the Building of Metro D Line

This step also strengthens the TTC position on the commercial real estate market that has been previously struggling with limited development and low vacancy rates. The importance of the location will further increase thanks to the construction of the Olbrachtova metro station on the D line, located in close proximity to the building.

“Prague 4 has long been one of the most popular business addresses in the city. With the new metro line, its location will be even more attractive to future tenants, confirming the high investment potential of this acquisition,” adds Ivan Strouhal.

TTC´s Real Estate Business Approaches CZK 3 Billion

This investment brings the value of the TTC’s real estate portfolio near CZK 3 billion. At the same time, the Group is intensively working on the transformation of Prague´s Malešice district, where it has created the modern Technology Park Malešice. Its flagship will be the technology centre OXYMA, whose construction will begin in the autumn of this year. The first phase will offer a modern complex with an area of 25 000 m² dedicated to offices, labs and the production of prototypes, placing a special emphasis on sustainability and self-sufficient energy.