JSK Investments, Notino Limited and other partners have completed the sale of a full stake in Lusima AD Property, which owns development land on Spojovací Street in Prague's wider city center.
The new owner is a joint venture between developers Logport and J&T Real Estate. The 37,000 sqm industrial complex dates back to the 1970s, when it housed Autodružstvo Praha.
The existing buildings are currently leased, but the location offers development potential due to its position at the periphery of central Prague.
The deal was facilitated by Colliers. On the sellers' side, law firms Tauber Špačková, Axialis Legal and Hladky.Legal participated in the process, while the buyers were advised by White & Case and Ohbs.