News Article Czech Republic investment logistics Prague Savills South Korea
by Property Forum | Investment

Roebuck Asset Management has acquired a logistics warehouse in Dobroviz, Prague, on behalf of a South Korean institutional investor. International real estate advisor Savills advised the buyer.

The 125,000 sqm purpose-built modern facility is let to Amazon until 2030 and boasts BREEAM Excellent rating. The asset is located in the immediate vicinity of Václav Havel International Airport in Prague, offering excellent transport links both into the Czech Republic and neighbouring countries.

David Hidderley of Roebuck Asset Management comments: “We are pleased to have acquired another European logistics asset for our Korean Investors. Amazon Prague is undoubtedly a best in class logistics centre, offering attractive rental growth prospects while playing a mission-critical role to the tenant. Roebuck continues to seek further European logistics opportunities for our Korean investors.”

Stuart Jordan, Managing Director of Savills Czech and Slovak Republics, adds: “Acting as a gateway to Germany, this asset is located in one of Central Eastern Europe’s most sophisticated logistics hubs. With a blue-chip tenant on a lengthy lease, it was a perfect match for our client’s requirements.”