News Article CBRE GI Czech Republic industrial investment Ostrava Prologis
by Ákos Budai | Investment

On behalf of its clients, CBRE Global Investors has bought Prologis Park Ostrava from Prologis for an undisclosed sum. The 65,910 sqm complex, comprising two buildings, on the D1 motorway has now been renamed Ostrava Logistics Park. It is fully leased to five tenants.

“This is the first entry, for these clients, into the Czech logistics market and it is a strategic addition to the existing portfolio acquired in Poland. There is strong occupier demand for high-quality logistics and we feel with secure income and rental growth potential that this is a solid acquisition”, commented Grzegorz Ryszka, CEE Head of Transactions at CBRE Global Investors.