Hines, a global real estate investment, development and management firm, managing USD 83.6 billion investments in 27 countries, on its inaugural investment in the Czech Republic - the acquisition of Eastgate Park, a 39,000 sq. m. last-mile logistics facility situated in an established industrial zone in Štěrboholy, Prague.
Hines on the acquisition a portfolio of four logistics assets, spanning a total of 65,960 sq. m., on behalf of its Hines European Core Fund (HECF), from CPI Property Group, a leading Czech investor and developer.
KGAL Investment Management, a leading independent investment and asset manager, in connection with the acquisition of the DRN building in central Prague from the Czech developer SEBRE and further in connection with subsequent asset management of the DRN building.
KGAL Investment Management on the acquisition of the Charles Square Center in Prague, which includes offices, retail, restaurants and healthcare space, from Commerz Real.
CTP Group, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, on the EUR 450 million sale of a Czech logistics portfolio to Deka Immobilien. This represents one of the largest-ever real estate transactions in the Czech Republic, and the largest logistics deal in Europe in 2018.
CTP Group on its acquisition of a Polish logistics project portfolio from 7R, a Polish developer specializing in innovative and environmentally friendly warehouses and production spaces.
TPG Real Estate, TPG's real-estate platform, in connection with the CZK 2.4 billion (EUR 93.3 million) acquisition of industrial real estate assets from Contera, a Czech industrial real estate developer, and in the formation of a joint venture for future real estate development.
LaSalle Investment Management, a leading real estate investment management firm, acting on behalf of Encore+ Fund, in the acquisition of the River Garden II/III office building in Prague from HB Reavis and further in connection with subsequent asset management of the River Garden II/III building.
LaSalle Investment Management in connection with the EUR 57.8 million acquisition of Palac Andel, a mixed-use property in Prague, Czech Republic, from Aberdeen Asset Management Deutschland, the German subsidiary of Aberdeen Standard Investments and further in connection with subsequent asset management of Palac Andel.
P3 Logistic Parks (P3) and leading global investment company TPG Real Estate (the previous owner of the P3 developer alongside Ivanhoé Cambridge) on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. With a transaction value of EUR 2.4 billion, this represents the largest deal on the European real estate market in 2016, and the largest real estate deal ever in the Czech Republic.
