Schönfeld & Co Nemovitosti’s Premium Real Estate Fund has acquired the REDA logistics complex in Brno-Slatina from RSBC Group for CZK 300 million. At the beginning of next year, Schönfeld & Co is planning another acquisition for CZK 700 million, local daily e15.cz reports.
The REDA logistics complex comprises 17,000 sqm of warehouses, production and office space. The long-term tenant of the complex is REDA, which is part of the international Paul Stricker Group.
Thanks to this new acquisition, the volume of assets managed by the Premium Real Estate Fund has risen to around CZK 500 million. Next year, the fund's management plans to surpass the CZK 1 billion mark.
The acquisition of another asset in a regional city worth approximately CZK 700 million is expected to be completed in H1 2022, e15.cz reports.
