Since acquiring Avenir Park in Prague’s Nove Butovice neighborhood in 2017, Mint Investments and its investment partner Tristan Capital Partners have been carrying out a program of improvements to the office asset. The repairs and upgrades have targeted ways to make the building better reflect the rapidly changing requirements of the office market. With CZK 10m of the capex investments having been made in the last year, the company has signed lease deals with six new tenants, filling a total of 4,900 sqm. It’s also extended existing leases with numerous other tenants. Among the tenants currently occupying space in the 10,500 sqm building are Porsche Česká republika, Porsche Engineeering, ČSOB, Business Lease, Simac Technik ČR and Coloplast. Another CZK 20m worth of improvements are to be carried out in 2019.
