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Loretánské náměstí

loretanske_nam

Historical Building Reconstruction

 

Renovation

Loretánské náměstí 4, Prague 1, Czech Republic

Construction begin: 1995
Project realization according to budget
Letting complete: 100% let before opening
Investment sale: 2002
Total gross area: 2,000 m2 of office space and apartments
Initial tenants: Siemens, Annonce (Czech company)

This historical building close to the Ministry of Foreign Affairs was under reconstruction continuously from 1995, in several phases.

The construction criteria were particularly demanding as the building, which was formerly used predominantly as administrative space, is a protected historical monument.

The building was leased to Siemens until 2000, when the company had to leave the building, as a consequence of consolidation of its spaces. In the following years, a number of entities, including several foreign representations, expressed interest in purchasing the building.

In 2002, the building was sold to the important publisher of Czech advertising newspapers, the Annonce company, which now has its registered office here.

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