ČEZ to purchase its headquarters in the Smíchov City project from Sekyra Group, which has a dominant position in the office space market
PRAGUE, 15 April 2025 – ČEZ has chosen the Smíchov City project by Sekyra Group as the location for its new headquarters. Construction has already begun. ČEZ will purchase the new headquarters, which will consist of three separate buildings with a total area of 44,000 m², from Sekyra Group upon completion in 2027. A renowned Swedish architectural studio participated in the design of the buildings alongside Czech architects. ČEZ will be located next to the extensive Česká spořitelna campus currently under construction. Smíchov City is the largest urban development in central Prague since the creation of Vinohrady - it is not only a residential district but also an important administrative and business hub. Thanks to these significant investments, Sekyra Group holds a dominant position in the Prague office market with an approximately 80% share in the administrative building construction segment. Smíchov City is transforming into a fully-fledged district with a balanced mix of residential, administrative and leisure facilities. The total cost of the Smíchov City project will reach CZK 50 billion, of which CZK 35 billion will be private investment and CZK 15 billion public investment, mainly in infrastructure.
“We appreciate that a company as important as ČEZ has chosen our new Smíchov City district for its headquarters, thus establishing it not only as a residential area but also as an important administrative and business hub. ČEZ will be located next to the extensive Česká spořitelna campus currently under construction. This is further confirmation of the quality of our administrative building developments and our dominant position in the Prague market with our 80% share of the office building construction segment. Smíchov City is the largest urban development project in central Prague since the creation of Vinohrady at the end of the 19th century. We are creating a new central district with a truly city-forming character. Our ambition is to create a new centre for Prague that will become a modern alternative to the historic core of the metropolis, with apartments, modern office space, shops and services, a school and public premises. The entire project will be crossed by a kilometre-long pedestrian boulevard serving as a communication axis, a meeting place and a venue for civic activities,” said Leoš Anderle, CEO of Sekyra Group.
Find out more in the press release here.
