Swiss Re Chooses TwinCity B
15. 1. 2026
IAD Investments Management, the manager of the IAD Investments Fund and its sub-fund IAD IRF – Investment Real Estate Fund[1] („Fund“), announces the successful completion of a lease extension with Swiss Re in the TwinCity B office building in the centre of Bratislava. The extension covers a substantial leased area of approximately 17,000 m², representing one of the largest single office leasing transactions on the Slovak office market. The new contract was concluded for an additional 10-year term, making it the largest office transaction of 2025.
Swiss Re’s decision to remain in the TwinCity B project confirms the strategic importance of the location, the quality of the building, and IAD Investments Management’s long-term ability to provide a stable, modern, and sustainable working environment that meets the highest international standards. As stated by Vladimír Suchan, Head of Corporate Real Estate and Services Slovakia: “We are pleased that the agreement also includes the landlord’s commitments to further improve the building’s environmental parameters, reduce energy consumption, and implement comprehensive ESG/ERC[2] measures, which are a key element of Swiss Re’s global strategy.”
“Fulfilling our commitments related to the agreed measures is our top priority, and together with our experts we are doing everything possible to ensure that Swiss Re remains a satisfied tenant in the long term. We are very pleased that Swiss Re has decided to stay in the TwinCity B building, and we are confident that our building will continue to provide the space and conditions necessary for the further development of Swiss Re’s activities in Slovakia,” said Martin Proksa, Director of the IAD Investments Fund. He also added: “I value the fact that through the work of all parties involved, we have jointly created a solid foundation for the further enhancement of the TwinCity B building, the reduction of its environmental impact, and the support of our city’s climate resilience.”
The significance of the transaction is also confirmed by the successful cooperation of several partners who have long supported the project in terms of asset management, technical management, advisory, and legal services. “This excellent result is not only the outcome of the efforts of the IAD Real Estate Management team, but also of partners from iO Partners Slovakia, Grinity, and CMS CMNO, as well as representatives of the Bratislava City Hall, to whom our sincere thanks go,” said Jozef Kubica, Director of Asset Management at IAD Real Estate Management.
The lease extension strengthens the position of the IAD Investments Fund as a stable, long-term-oriented investor capable of providing tenants with a high level of flexibility, service quality, and credibility. The transaction also underlines the growing importance of sustainability and ESG criteria in the decision-making processes of corporate tenants on the Slovak real estate market.
IAD Investments Management S.à r.l. is the managing entity (general partner) of the IAD Investments Fund, based in Luxembourg, and is a subsidiary of IAD Investments správ. spol., a.s., the oldest Slovak asset management company with more than 34 years of experience in collective investment. It manages a broad portfolio of investment funds, including real estate, equity, bond, and mixed funds. Within its European operations the company manages assets primarily in Slovakia and the Czech Republic with a total value exceeding EUR 2.8 billion. The company is known for its professional approach, stable results, and ability to implement complex investment projects with long-term added value for its clients and investors.
[1] IAD IRF (Investment Real Estate Fund) is a sub-fund of IAD Investments Fund, domiciled in Luxembourg, established as an investment company with variable share capital (société d’investissement à capital variable) incorporated under the laws of the Grand Duchy of Luxembourg as a limited partnership with shares (société en commandité par actions). The Fund is registered in accordance with Part II of the Luxembourg Law of 2010 on Undertakings for Collective Investment, with its registered office at 1B, rue Jean Piret, L – 2350 Luxembourg, Grand Duchy of Luxembourg and entered in the Luxembourg Trade and Companies Register R.C.S. under number B161180. Further information on the Fund is available in the Fund’s prospectus, which is available at www.iadim.fund.
[2] Environmental Responsibility Conditions, measures aimed at protecting the environment