Thursday, 19 March 2015
CBRE Global Investors acquires 21,800 m² retail asset in Brno (CZ)
A fund managed by CBRE Global Investors announces the acquisition of “Campus Square” Retail Center located in Brno, Czech Republic. The vendor was AIG/Lincoln.
The property is located in the Bohunice district of Brno by the Brno University Hospital and the newly built buildings of the Masaryk University. The property also serves the residential districts of Novy & Stary Liskovec and Bohunicea and will serve 600,000 people within a 30 minute catchment.
Commenting on the acquisition, Martin Sabelko, Managing Director of CBRE Global Investors CEE said: “We are very pleased with the acquisition of Campus Square in Brno. This is the first acquisition of CBRE Global Investors in the Czech Republic since 2008 and represents the growing market in the region.”
Kinstellar, CBRE Capital Markets & Building Consultancy and EY advised CBRE Global Investors. JLL and Dentons advised AIG/Lincoln.
Source: CBRE Global Investors