Star Capital buys two Czech shopping centres

16
Aug
2017
News - Star Capital buys two Czech shopping centres #CBRE #Czech Republic #investment #mall #Olomuc #Ostrava #retail #shopping #Star Capital

by Ákos Budai | Investment

Prague-based Star Capital Investments has become the new owner of the Futurum Ostrava and OC Haná shopping centres in the Czech Republic. CBRE participated in these transactions, representing the foreign sellers. CBRE also manages the building and leasing activities for Futurum Ostrava.


The 30,000 sqm Futurum Ostrava shopping centre is the first centre of this size in Ostrava, and has been offering its services to its clients since May 2000. CBRE brokered the sale of the building on the basis of the seller’s requirements and represented both the previous co-owners, Pradera, and Bainbridge during the transaction. The buyer, Star Capital Investments, acquired the shares of the two previous owners simultaneously, thus consolidating the asset, which is a benefit to the further development of the centre. CBRE will also work with the new owner to manage the shopping centre and is the exclusive leasing agent.
 
OC Haná in Olomouc has 9,400 sqm of retail space and was opened in 2002 and was recently expanded with a retail park component in 2016. The shopping centre includes 61 units and 490 parking spaces. CBRE secured the sale of the building and represented Pradera. The buyer is Star Capital Investments.
 
In addition to the Tesco hypermarket and the Cinestar multi-cinema, Futurum Ostrava also features fashion, toys, sports, perfumes, jewellery and footwear, as well as electronics, mobile phones and giftware. OC Haná also covers a wide range of individual segments, with the main tenants being Takko, Sportisimo, Sparkys, Bata and A3 Sport.



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  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

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  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
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