AFI Europe has signed an agreement for the purchase of Avenir Business Park in Prague 5 owned by Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Among its tenants are companies such as CSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast.
“Our company has made a strategic decision to expand our income generating portfolio not only by land bank development but also through acquisition of standing properties. Avenir Business Park presented continued demand from high-profile international tenants, who appreciate its high-spec premises and the sustained strength of the location with excellent local amenities,” said Doron Klein, CEO of AFI Europe Czech Republic.
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