Patron Capital - Burzovni Palac

Our historic investments are listed below. Click for further details

Fund	Name	Region
Patron Capital, L.P. II	UK Small Office Program, L.P. II	UK
Patron Capital, L.P. II	Vectrane	France
Patron Capital L.P. I	Arts	Spain
Patron Capital L.P. I	Bratislava Carlton	Slovakia
Patron Capital L.P. I	Burzovni Palac	Czech Republic
Patron Capital L.P. I	Drury Lane	UK
Patron Capital L.P. I	igroup	UK
Patron Capital L.P. I	Midlands	UK
Patron Capital L.P. I	Polish NPLs	Poland
Patron Capital L.P. I	Santa Maria	Italy
Patron Capital L.P. I	Simon Storage	UK
Patron Capital L.P. I	Swiss Hotels	Switzerland
Patron Capital L.P. I	UK Small Office Program, L.P. I	UK

Fund	Patron Capital L.P. I
Location	Prague, Czech Republic
Inv. Date	April 2004
Inv. Strategy	Non Core Assets

Burzovni Palac

Modern office building in prime location
8,866m² lettable space plus 3 underground parking floors
Key goal was to convert key tenants, including Prague Stock Exchange and related parties to long term leases (50% of leases)
Anticipated significant yield compression due to lease conversion (at outset), refurbishment and active management
Short-term strategy possible due to immediate value creation

Property sold in early 2005 (View Press Release)
Burzovni new tenant and signage

Burzovni I

Burzovni II

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