Prague's Famous Dancing House sold
The Dancing House, designed by Croatian-born Czech architect Vlado Milunic and American Frank Gehry, one of the most original and highly acclaimed post-communist buildings in Prague, has been sold for US$ 18 million. Its new owner is the Prague Real Estate Administration company of businessman Vaclav Skala. Some ten investors, mostly from the Czech Republic, were interested in this iconic building.
The Dancing House, dubbed also Ginger and Fred (after the famous dancers Fred Astaire and Ginger Rogers) as it is shaped like a dancing couple, was completed on the embankment in the city center in 1996. It was awarded the Design of the year 1996 prize of the American Time magazine.
The previous owner was the CBRE Global Investors Company, which acquired the building in 2011 after taking over the European and Asian assets of the ING Real Estate Investment Management firm.
The modern house was built on an empty plot after a block of flats that was damaged by the U.S bombing of Prague at the end of World War II. The interiors of the offices in the nine-stores Dancing House were partially designed by Czech architect Eva Jiricna, living in Britain. Each floor is different thanks to the irregular shape of the building.
The Dancing House offers 2965 square meters of offices on six floors, a restaurant (679 square meters) on the top floor and a conference center (400 square meters) on the ground floor and in the basement.
The Dancing House, dubbed also Ginger and Fred (after the famous dancers Fred Astaire and Ginger Rogers) as it is shaped like a dancing couple, was completed on the embankment in the city center in 1996. It was awarded the Design of the year 1996 prize of the American Time magazine.
The previous owner was the CBRE Global Investors Company, which acquired the building in 2011 after taking over the European and Asian assets of the ING Real Estate Investment Management firm.
The modern house was built on an empty plot after a block of flats that was damaged by the U.S bombing of Prague at the end of World War II. The interiors of the offices in the nine-stores Dancing House were partially designed by Czech architect Eva Jiricna, living in Britain. Each floor is different thanks to the irregular shape of the building.
The Dancing House offers 2965 square meters of offices on six floors, a restaurant (679 square meters) on the top floor and a conference center (400 square meters) on the ground floor and in the basement.
