Macquarie Group has entered the CEE real estate market through the acquisition of a portfolio of Czech and Slovak logistic parks worth €79m developed by HB Reavis. Macquarie Infrastructure and Real Asset (MIRA) and its advisors M7 Real Estate will take over asset management of the portfolio according to what Steve McCool, Associate Director of MIRA’s corporate communications told CIJ. JLL, which advised the buyer in the deal, will look after property management. „These logistics centres are well-positioned to give the new owners continued upside and this transaction allows us to focus on our core segments of office and retail, while recycling the released capital into new opportunities,” said Marian Herman, CFO at HB Reavis.MIRA has made previous investments in the two countries, having acquired Czech Gas Networks, České Radiokomunikace and Towercom in recent years, according to McCool. The industrial parks it has just acquired are located in Ostrava, Prešov, Rača, and one near Bratislava.
