American based L88 has appointed Cushman & Wakefield as property manager for Radio Free Europe/Radio Liberty in Prague’s Hagibor. L88 Investments Prague 1 s.r.o. became owner of the property earlier in May when it acquired the property from Orco Property Group. Cushman & Wakefield also provided advisory services to L88 for the transaction.
“We are delighted to be awarded this instruction. We have been extremely fortunate to work with the L88 team in the acquisition and now management of the asset. Their vision with respect to the Radio Free Europe/Radio Liberty headquarters made this opportunity possible. We understand the ongoing importance of Radio Free Europe/Radio Liberty in today’s world and this is a prestigious asset to be adding to our managed portfolio” said Ondřej Fukal, Partner of Cushman & Wakefield responsible for the Property & Asset Management team.
