January 16, 2019

Sanofi remains and ČSA expands in the Argo Alpha building

Sanofi remains and ČSA expands in the Argo Alpha building

CBRE has supported PQ Asset Management (PQ AM) and Peakside in negotiations of contract extensions and expansion with two key tenants at Argo Alpha in Praha 6 – Vokovice. Sanofi extended its lease of almost 3,600 sqm, and Czech Airlines will expand its office lease to more than 3,700 sqm.

“We are pleased to confirm extensions and expansion of contracts with two of our eminent tenants at Argo Alpha – Sanofi, global biopharmaceutical company, and Czech Airlines. I would like to thank Mr. Jiří Cacák from Advisory & Transaction Services – Office at CBRE, and his colleagues, for their professional approach and dedication, which were pivotal to success of this deal,” says Tomas Jokl, Partner at PQ Asset Management, the company managing the asset on behalf of Peakside Capital – owner of the property. 

"For both tenants was important the distance to the airport and metro station Nádraží Veleslavín, the quality of building facilities and enough parking space, so they decided to stay in the Argo Alpha building,“ adds Jiří Cacák, Consultant Advisory & Transaction Services – Office společnosti CBRE.

Argo Alpha is conveniently located close to the international airport and public transport, including metro station Nádraží Veleslavín, at Evropská street in Prague 6 – Vokovice. It offers easy access to D5 and R7 motorways heading to Pilsen, Chomutov or Germany. Near Argo Alpha are some prime residential areas as well as Džbán and Divoká Šárka recreation areas, and the building offers magnificent views of protected forests and valleys. The building represents over 11,000 sqm of highest quality office space allowing tenants efficient solutions on large floor plates. Argo Alpha provides a perfect working environment to suit a variety of tenants’ needs. Combining a state-of-the-art technology with modern functional design Argo is the home of forward-thinking companies.

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