Fio investiční společnost (Fio investment company) has announced the second acquisition to its Fio realitní fond (Fio real estate fund). The fund has bought the industrial park GARBE Park Chomutov from its developer Garbe.
In May 2023, the fund announced its first acquisition, the Rohan Business Centre office building in Karlín, Prague and now it acquired Garbe Park Chomutov, with a total area of ca. 29,600 sqm, to its real estate portfolio. The industrial park has been built with a level A building energy performance certificate (PENB). The park is in an established industrial zone near the main train station in Chomutov. It is also accessible from the D7 motorway and thus connected to the German border. The value of the transaction is €33 million (CZK 840 million).
Fio realitní podfond I. was founded in December 2022 as part of the extension of the Fio investiční společnost alongside Fio globální akciový fond (Global Equity Fund) and Fio fond domácího trhu (Domestic Market Fund).
GARBE's transaction advisors on the sale of GARBE Park Chomutov were Havel & Partners and ASB Group. Fio realitní fond has been advised by Wilsons, TPA, OM Consulting and Cushman & Wakefield.
