Star Capital buys two Czech shopping centres

16
Aug

by Ákos Budai | Investment

Prague-based tar Capital Investments has become the new owner of the Futurum Ostrava and OC Haná shopping centres in the Czech Republic. CBRE participated in these transactions, representing the foreign sellers. CBRE also manages the building and leasing activities for Futurum Ostrava.


The 30,000 sqm Futurum Ostrava shopping centre is the first centre of this size in Ostrava, and has been offering its services to its clients since May 2000. CBRE brokered the sale of the building on the basis of the seller’s requirements and represented both the previous co-owners, Pradera, and Bainbridge during the transaction. The buyer, Star Capital Investments, acquired the shares of the two previous owners simultaneously, thus consolidating the asset, which is a benefit to the further development of the centre. CBRE will also work with the new owner to manage the shopping centre and is the exclusive leasing agent.
 
OC Haná in Olomouc has 9,400 sqm of retail space and was opened in 2002 and was recently expanded with a retail park component in 2016. The shopping centre includes 61 units and 490 parking spaces. CBRE secured the sale of the building and represented Pradera. The buyer is Star Capital Investments.
 
In addition to the Tesco hypermarket and the Cinestar multi-cinema, Futurum Ostrava also features fashion, toys, sports, perfumes, jewellery and footwear, as well as electronics, mobile phones and giftware. OC Haná also covers a wide range of individual segments, with the main tenants being Takko, Sportisimo, Sparkys, Bata and A3 Sport.




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