INVESTIKA realitní fond has returned to its home market with the acquisition of Butovice Offices, a 9,100-square-meter building on Prague 5 that houses the Czech headquarters of Ahold’s Albert chain. The fund purchased the property from BDCG’s Safety Real fund for an undisclosed sum, marking its first Czech acquisition after months of cross-border dealmaking.
The purchase consolidates INVESTIKA’s position in a district where it already owns Galerie Butovice shopping center, adjacent land parcels, and the Avenir E office building. “Consolidating ownership in the area allows us to develop the commercial potential of these properties synergistically,” says Jaroslav Kysela, board member of the fund’s management company. It’s the kind of straightforward cluster strategy that tends to work—assuming the tenant stays put.
Butovice Offices becomes the fund’s 64th property, capping what Kysela describes as a record year for capital inflows. Since December 2024, INVESTIKA has deployed nearly CZK 5 billion across seven acquisitions spanning 10 locations. The most significant was November’s purchase of Centrum Południe 3 in Wrocław, a 21,500-square-meter office complex fully leased to BNY Mellon’s European headquarters operation. That building carries LEED Platinum certification with Europe’s second-highest environmental score. The fund has also picked up office properties in Szczecin, Poland, and an aviation training center near Vienna.
With assets under management now exceeding CZK 27 billion, INVESTIKA has positioned itself as the largest Czech and Slovak non-banking real estate fund serving retail investors. The fund is already working on another transaction scheduled for Q1 2026, suggesting the acquisition pace shows no signs of slowing.
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