Korean investors buy Prague office building for €115 million

28
Jun
2019
News - Korean investors buy Prague office building for €115 million #Czech Republic #investment #Korea #office #Prague

by Property Forum | Investment

Mint Investments Group has completed the acquisition of the Main Point Pankrác office building for South Korean investment company Hana Financial Investment. The value of the transaction exceeds €115 million. Mint provided the investment underwriting and advisory during the transaction and will be responsible for the property's asset management. Dentons, Cushman & Wakefield, Arcadis and TPA also advised on the transaction.


Main Point Pankrác was developed by PSJ Invest and has 26,500 sqm of office and retail space over ten storeys as well as almost 400 parking spaces on three underground levels. Its list of tenants includes McKinsey & Company, Unipetrol, Dimension Data and ARVAL CZ.




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  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

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  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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