CA Immo and Skanska completed their second CEE deal this year with the sale of the Swedish developer’s Prague 7 scheme Visionary for €68m. The 23,000 sqm building is 91 percent leased by Accenture, Business Link and WMC/ACTUM Digital for an average of seven years. Clifford Chance, E&Y and Obermeyer Helika acted for the buyer on the deal while Skanska received its legal advice from Dentons.
CA Immo’s Czech director Václav Jonáš says Visionary’s acquisition matches its goals for expanding its portfolio of office buildings in Prague. “We’re absolutely convinced about the potential of this location and we highly value the truly strong vision that Skanska Property invested into the development and realization of this remarkable product.”