KLM RE sells part of retail portfolio

25
Nov
2024
News - KLM RE sells part of retail portfolio #Czech Republic #KLM real estate #Patria #retail #Slovakia

by Property Forum | Investment

KLM real estate has announced the sale of shopping parks in the Czech Republic and Slovakia. The buyer is Patria investiční společnost, reports Seznamzpravy.cz.


The companies did not disclose the price. Patria investiční společnost belongs to the Československá obchodní banka (ČSOB) group. The purchased retail parks will be part of the ČSOB Nemovitostní mutual fund, which will open next year. For Patria, this is the third acquisition of the ČSOB Nemovitostní fund this year.

Patria investiční společnost acquired from KLM real estate shopping parks in Zvolen, Bytča, Humpolec and Lipník nad Bečvou, which together offer over 30,700 sqm of leased commercial space. For example, OC Klokan Zvolen is, according to the developer, the largest retail park in Slovakia. The parks are equipped with green roofs or heat pumps and preparation for the installation of photovoltaic power plants.

"The sale of part of the portfolio of Klokan retail parks to Patria is in line with our growth strategy and enables us to acquire additional land for future development in Slovakia and the Czech Republic," said KLM real estate co-owners Rastislav Čačko and Michal Kozáček.

Photo source: KLM real estate
 




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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