UniCredit Bank will occupy most of the spaces in the Michel Philadelphia

Prague - UniCredit Bank Czech Republic and other companies from the UniCredit group will begin moving into the new Filadelfie office building in BB Center in Prague 4 this autumn. The bank and the development company Passerinvest Group, which owns the offices, announced this today. The bank will sell most of its properties in the center of Prague.
     "UniCredit Bank will retain only the building in the center of Prague at Náměstí republiky, where alongside the branch additional services for retail, corporate and private banking clients will be available. Currently, negotiations are underway for the sale of the bank's other properties, including the historic building on Na Příkopě," the bank stated.
     Companies from the UniCredit group have rented 14 out of a total of 17 floors in the new building, which amounts to approximately 26,700 square meters of leasable space.
     Among the most well-known examples of banks moving to new headquarters in the Czech Republic is ČSOB. It sold its properties in the center of Prague for 3.2 billion crowns and opened a new building in Radlice in 2007. It relocated 2,500 employees there. Raiffeisenbank also moved its headquarters to a new administrative building in Pankrác in 2008.
     Developer Finep is currently building new offices in Prague's Stodůlky for Komerční banka. Czech Savings Bank does not rule out moving to a single headquarters either.