Lone Star Real Estate Fund sold the Oasis Florenc office complex in Prague 8 to Corpus Sireo, part of Swiss Life Asset Managers. The new owner will add the property to its pan-European fund. This is Corpus Sireo’s first investment in the Czech Republic. The transaction, meanwhile, marks Lone Star’s withdrawal from the country after two and a half years of investment activity, writes the server e15. The 19,000 sqm Oasis Florenc, completed in 2007, has been leased to companies like J&T Services, Wolf Theiss and Cisco Systems. CBRE and Kinstellar advised Lone Star, while Corpus Sireo was represented by TPA and bvp Braun Partners.
