The Czech National Bank (CNB) has completed the sale of its building in Plzeň to construction company V.D.O. Group s.r.o. for CZK 102.5 million, following a Bank Board decision taken on 8 January 2026. The transaction is positioned as part of the CNB’s longer-term effort to manage its property portfolio, reduce operating costs and modernise client service delivery through digitalisation. The sale process, first announced in 2025, was brokered by Cushman & Wakefield and run through multiple bidding rounds, with final offers submitted using a sealed-bid method; V.D.O. Group’s bid was assessed as the highest and most economically advantageous. The property at Husova 2727 in Plzeň comprises an administrative building with six floors above ground and two underground levels (around 9,200 m²) on a 2,600 m² plot; it previously supported regional client services and had not been used for cash processing and distribution since 2014. Client and public cash desks at the Plzeň office were permanently closed from 1 November 2024, the CNB has not operated in the building since 2025, and the Bank Board moved to sell it citing the uneconomic nature of continued operations. The CNB also noted that the sale of its building in Ústí nad Labem is under way and it will publish further details once that transaction is completed.
Czech National Bank 2026-03-25
Czech National Bank completes sale of its Plzeň building for CZK 102.5 million
The Czech National Bank (CNB) sold its Plzeň building to V.D.O. Group s.r.o. for CZK 102.5 million as part of its strategy to manage its property portfolio and enhance digital client services. The sale, brokered by Cushman & Wakefield, followed a sealed-bid process and marks the CNB's exit from the property, which had not been used for cash processing since 2014. The CNB is also in the process of selling its building in Ústí nad Labem.