Sale of the Explora Business Centre, Prague, Czech Republic

Avestus Capital Partners is pleased to announce that it has successfully completed the sale of the Explora Business Centre in Prague. The property comprises of 22,800 square metres of leasable area and is located directly above the Nove Butovice metro station with excellent access to downtown Prague, the City’s international airport and the Prague ring road. The transaction took place following completion of a substantial asset management programme involving prolongation of key leases and the introduction of new blue chip tenants to present a fully stabilised institutional quality building to the investment market. The sale represents one of the largest transactions in the Prague office market during 2018.

2019-09-20T14:38:23+00:00 June, 2018|