Amundi Czech Republic, acting on behalf of its KB realitni fond 2, has completed the acquisition of Polygon office building in Prague from Mint Investment. Cushman & Wakefield facilitated the transaction. The purchase price was not disclosed.
Polygon is a modern Class A office scheme situated in attractive office area in Pankrac district. The property offers over 10,000m² of office space across eight levels, and benefits and easy access to public transport and a close proximity to Arkady shopping centre. Occupiers include ATOS, Siemens, Arca Capital, Y-Soft, Hyper Media and Barclays.
“KB realitní fond 2 buys stabilised mid-size buildings in prime locations. The Polygon meets our criteria and is an excellent addition to our existing portfolio,” said Hubert Joachim, Deputy Director for investing in real estate in Amundi CR.
"We bought Polygon in 2014 because it is situated in an attractive office location with direct visibility from the Prague arterial road. Having acquired the building, we refurbished it and leased it to prime tenants. This is where our job ends, and we decided to sell the project to a long-term owner,” commented Sebastien Dejanovski, Partner at Mint Investments.
Amundi Czech Republic was advised by White & Case, Sentient and KPMG. The seller was advised by Wilsons.
