Czech investment group Portiva and Micronix have acquired the Central Kladno shopping centre in Brno from Crestyl for approximately €74.8 million (CZK 2 billion).
Crestyl Real Estate is planning to start the construction of the 39,000 sqm Savarin mixed-use redevelopment project in Prague’s historic centre this autumn, local daily E15 reports. The project, based on the plans of the Heatherwick Studio, will see the construction of new office, retail, leisure and entertainment space within the original Baroque palace, riding hall and its courtyards
Tesco’s department store next to Brno’s main railway station has been sold to British developer Crestyl for an undisclosed sum. The supermarket will continue to operate at its current location.
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