Caerus buys third phase of Futurama in Prague 8 from EGI

20 June 2017

Caerus Investment Management acquired the newly built third phase of Futurama Business Park in an off-market transaction from Erste Group Immorent (EGI). Caerus bought the asset on behalf of the same separate account client, for whom it acquired the first two phases of the project. Building F, built in 2016, is the third and final phase of the business park, which is located on top of the Invalidovna metro station in Prague 8. The sale was contracted in the construction phase for an undisclosed price. The 9,500 sqm office building is leased to tenants like the pharmaceutical company Roche and the German stock exchange, Deutsche Börse/Clearstream, on long-term leases. The asset has secured BREEAM Outstanding certification. Wilsons and PwC acted respectively as legal and tax advisors to Caerus IM, while Schoenherr and JLL acted respectively as legal and capital markets advisors to EGI.

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