Star Capital Investments acquires Prague office scheme (CZ)

Star Capital Investments acquires Prague office scheme (CZ)

Star Capital Investments has acquired the grade A office building, Lighthouse Towers, in Prague 7’s thriving Holesovice district from Deka Immobilien. The grade A office building comprises two separate stand-alone buildings. The smaller of the two, building B, is four storeys high and offers 6,500m² of lettable space, including the property’s canteen and café. The taller of the two, building A, is 19 storeys high and offers almost 21,000m² of space to let. The main office tenants are ?D Cargo, Accenture, Pharmaceutical Research Associates, LMC and Pharma Swiss.

 

Fraser Watson, Director of Investment Advisory at Savills Czech and Slovak Republics, said: “It was with great pleasure that we worked with our client, Star Capital Investments, advising them on the purchase of the Lighthouse Towers office building. The property is well-positioned in the rapidly growing office market of Holesovice and we are confident that our client will continue to build and develop on the strong management undertaken by Deka while owning the property.”

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