• Off market, direct from bank


  • Held by Fund II


  • Acquired 100% shareholding with right to restructure SPV as part of an agreed restructuring agreement with lending bank

Value Creation

  • Investment in tenant improvements and marketing to lease up vacancy
  • Extend existing international anchor leases
  • Consolidate market position of property
  • Improve rental income, reduce non-recoverable costs, implement cost savings and improve quality of leases through active asset management

Property Type

  • Mixed commercial property with net leasable area of 15,770m2 (168,293sq ft) 
Key Facts
Location Holešovice ,Prague 7
Deal type Acquisition and bank restructuring
Closing date Sep 2015
Origination Off market, direct from bank
Status Under management