Geosan Development has acquired Nagano Office & Technology Park from its developer, Red Group. The 26,000 sqm business center was completed at the turn of the millennium and is leased out to companies such as CETIN, LEGO Trading, Gea, Vendavo and Wolters Kluwer. Geosan intends to continue managing the class B complex which is made up of two new builds and two reconstruction office buildings as well as a data center. Two restaurants are on site as well as a fitness center. Geosan Development’s director Petr Beneš says the acquisition fulfills a long-term goal of the company. “We have years of experience in managing office properties from the past and with our current project in Prague 6.”
