Pobřežní 648/1a · Prague 8 – Karlín
KPMG Czech Republic's Corporate Headquarters.
100% occupied, fully stabilised Class A office.
At the heart of Prague's dynamic business hub.
Welcome to Florenc Office Center - the national headquarters of KPMG Czech Republic and a premier flagship asset within Prague's most resilient commercial axis. Strategically positioned at the gateway between the City Center and Karlín, the building anchors the capital's most sought-after business corridor, a micro-location currently defined by a record-low 3.7% vacancy rate.
Following a substantial €9.7 million modernization between 2018 and 2019 the property delivers approximately 11,000 sqm of award-winning Class A workspace. This investment has been further bolstered by a 2025-2026 technical improvement, including new vertical transport and rooftop photovoltaics, ensuring the asset remains at the forefront of ESG standards.
Aerial, architectural, and location photography.
Pobřežní 648/1a, Prague 8 – Karlín. Positioned directly adjacent to the Florenc transit gateway — where Metro lines B and C, tram routes, and Prague's central bus station converge — placing the building at the epicentre of the city's public transport network.
Florenc Office Center sits at the intersection of Prague 1 and Prague 8, embedded within the thriving Karlín business district. The area has seen sustained investment activity and rental growth, with demand consistently outpacing supply. Its direct connection to the Florenc transit hub gives it unmatched accessibility across the city.
KPMG Czech Republic — a leading Big Four professional services firm — occupies the asset as its national headquarters. This long-standing institutional tenancy provides immediate income security, while the building's high-spec and modular design ensures its long-term relevance within Prague's most supply-constrained office submarket.
Following a comprehensive €9.7 million interior modernization in 2017–2018, the building provides a best-in-class working environment. The fit-out features an exclusive Client Zone with panoramic Vltava River views, alongside informal meeting spaces, focus rooms and relaxation zones. The workspace is further enhanced by a rooftop terrace, all meticulously aligned to contemporary occupier expectations.
The current passing rent remains positioned below prime market rates for comparable Grade A assets in the Florenc/Karlín submarket, providing a clear opportunity for future rental reversion. Annual CPI-linked indexation serves as a robust inflation hedge, ensuring the income stream maintains its real value and captures organic growth throughout the investment hold period.
Managed by institutional owners since its inception, the asset has benefitted from a rigorous "Class A" maintenance regime and a proactive capital expenditure strategy. This institutional stewardship ensures the building meets the strict technical and ESG compliance standards required by global funds, offering a transparent, clean history that significantly streamlines the due diligence process for a new investor.
The building has successfully transitioned from an EPC Class D to Class C energy rating. This trajectory is driven by the 2025 installation of rooftop photovoltaic arrays, which generate on-site renewable energy and lower the carbon footprint. Furthermore, the asset is technically secured against extreme weather through a comprehensive Flood Management Plan. These proactive measures directly support BREEAM "Very Good" targets and ensure the building remains fully compliant with institutional green lending and insurance requirements.
For further information or to arrange a site visit, please contact the exclusive agents.
Senior Director
Head of Capital Markets CZ