News Article Avestus Capital Partners sells Prague office building
by Property Forum | Investment

Avestus Capital Partners has sold Explora Business Centre in Prague to Golden Star Group, an international real estate group specializing in commercial and leisure real estate properties. Real estate advisors Colliers International and law firm Schoultz & Partners represented Avestus Real Estate while Golden Star Group was represented by Havel & Partners in this transaction.


Explora Business Centre is a modern, LEED-certified Class A office building developed by Avestus Real Estate’s in-house development team. The building is located in Nove Butovice in Prague 5. Explora Business Centre is a fully leased home to various global multi-nationals including Citibank, NNiT, GE International, Porsche and DHL.
 
The sale of Explora Business Centre is one of the largest transactions performed this year in Prague. The Business Centre comprises 22,800 sqm of leasable area spread over eight above-ground floors with floors and three below-ground floors with 327 parking spaces. Explora Business Centre is located directly above the Nove Butovice metro station.