Corpus Sireo Real Estate has acquired the “Oasis Florenc” office property in Prague from an international investor. The purchased asset is located near the Vltava river and will now be included in the pan-European DEREIF SICAV-FIS fund.
The parties agreed not to disclose the purchase price. The seller was advised by CBRE and Kinstellar. Corpus Sireo were advised by TPA and bpv Braun Partners.
The property was completed in 2007 and offers 18,700 m² of office and retail premises with 141 parking spaces. Oasis is home to reputable tenants such as J&T SERVICES, ELI LILLY, Wolf Theiss or Cisco Systems. The property has been successfully managed by EURAMCO Asset Czech (formerly SachsenFonds) since its development in 2007 until closing this transaction.
Chris Sheils, Head of Investment Properties at CBRE says: “Oasis Florenc is a high-quality multi-let office property located in one of the most important districts in the city with great accessibility. This sale represents a positive exit for our client, whilst also offering a great long-term investment for a large institutional investor.”
