Amres buys Skex properties in Prague 1

3 June 2016

Amres won a tender to buy properties of the bankrupt Skex. The Italian company has paid CZK 244m for the portfolio of two office buildings along Opletalova street in Prague 1. The new owner plans to refurbish the three buildings – two facing Opletalova and one in the courtyard – into flats. Knight Frank brokered the sale with CEO Zdenka Klapalová telling Hospodářské noviny that cooperation with the secured creditor, the Moravian Cooperative Savings bank, meant that the maximum price was achieved. The properties are located near Wenceslas square and offer 6,000 sqm of usable space. Skex played a role in the complex dismantling and privatization of the former machinery export giant Škodaexport.

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