CZECH REPUBLIC Sekyra buys Wenceslas Square townhouse
Investment & financeschedule 09 October 2020
Stýblův dům (centre), with Palác U Stýblů on the right
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Sekyra Group has bought the ornate Stýblův dům townhouse on Wenceslas Square in Prague for around CZK 450 mln (app. EUR 16.6 mln).
The company is now planning to invest another CZK 850 mln (app. EUR 31.3 mln) in restoring the building.
After comprehensive reconstruction work has been completed on Stýblův dům, we will lease commercial space for shops and services on the ground floor. The rest of the building will comprise luxury residences and offices.Leoš Anderle, the executive director of Sekyra Group
The 19th century building, at Václavské náměstí 30 in the lower part the square, was originally owned by p
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