Skanska Property recently sold its office scheme Five in Prague 5-Smíchov to a German real estate fund managed by Triuva Kapitalverwaltungsgesellschaft mbH, an active investment manager based in Frankfurt. Triuva paid €50m for the 14,400 sqm, LEED Platinum-certified building which is fully leased. MSD IT Global Innovation Hub, part of Merck & Co Inc., occupies 80 percent of the building. The remaining space is leased to Roche Diagnostics, EBM Group, U1 and Sodexo.
