Nova Real Estate fund, managed by the fund management company Redside, has completed the acquisition of the home improvement supplies store OBI in Frýdek Místek, from the seller, development company PTO. OBI is a German multinational retailing company founded in 1970. With more than 650 retail stores, OBI is the largest DIY retailer in Europe, and the third-largest in the world. This is the second property with OBI as a tenant in the Fund’s portfolio in the Czech Republic.
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