Caerus Investment Management has announced that on behalf of a private separate account client, it has advised and structured the acquisition of Phase 1 of the Futurama Office Park located in Prague 8, Czech Republic adjacent to the Invalidovna metro station.
The property was acquired for an undisclosed price from global real estate investment manager Invesco Real Estate (IRE) on behalf of one its closed-end real estate funds. Known as “Futurama ABC”, the property consists of three buildings completed in 2009, all modern Class A and multi-tenanted providing a combined 19,300 sqm of state-of-the-art office and retail premises leased to a list of international and domestic occupiers.
Wilsons and PwC acted as legal and tax advisors to Caerus IM, while Havel & Holasek and TPA Horwath acted in the same capacities for the seller. Knight Frank was the exclusive sales agent acting on behalf of Invesco Real Estate.
