Redside has sold the Avenir E office building in Prague 5 to Investika for an undisclosed sum. The 5-storey 6,700 sqm building was completed in 2008. Redside was represented by JLL in the deal. “The transaction is an excellent example of the growing activity of domestic capital on the Czech market,” said JLL’s senior investment analyst Jiří Horák. “In this sale, both the vendor and the buyer were Czech investors.” ASB Group provided tax and financial consultancy services to Redside for the deal while Braun Partners assisted with legal advice.
