News Article Czech Republic investment office Prague
by Property Forum | Investment

Českomoravská Nemovitosti has acquired the BLOX office building in Prague's Dejvice district for more than €77 million (CZK 2 billion). The building's primary tenant is Amazon.  The acquisition was financed by ČSOB.

The BLOX office building is located on Evropská Street in Dejvice, Prague and has an area of ​​16,200 sqm. The building has received a BREEAM Outstanding certification.

This is the third major transaction by ČMN in the past year with the company having acquired the Crystal office building and a building on the upper portion of Wenceslas Square. ČMN’s portfolio currently comprises 60,000 sqm of office space.

“By the end of 2019, the value of our portfolio should exceed €270 million (CZK 7 billion),” Chairman of the Board Radek Stacha said. “We are currently working on the acquisition of additional properties worth more than CZK 1 billion.”