November 2017 – Kinstellar has successfully advised CBRE Global Investors on the acquisition of a logistics/light industrial portfolio in Plzeň, Bohemia, western Czech Republic, from Stage Capital in an off-market transaction. The roughly 151,000 sqm portfolio consists of four existing assets built between 2007 and 2017 along with additional development land with planning permission for another building. One building of circa 5,000 sq m, which is currently under construction, will be acquired after completion in Q1 2018.
All assets are fully flexible, state-of-the-art logistics, warehousing, light industrial and production facilities. The assets are situated close to Plzeň, Bohemia, western Czech Republic, one of the most sought after logistics/light industrial markets in Central and Eastern Europe. The region is a strategic logistics location within Europe, connecting CEE with key logistics destinations in Western Europe (40 km from Germany), as well as being a strategic manufacturing hub, thanks to low wages and a highly skilled workforce.
The Kinstellar team was led by Klára Štěpánková (Partner and head of the firm-wide real estate sector) and included Rudolf Schichor (Associate), Martin Holub and Michal Matouš (Junior Associates).
For more information please contact Klára Štěpánková, Partner and head of the firm-wide real estate sector, at .