News Article Czech Republic KLM real estate Patria retail Slovakia
by Property Forum | Investment

KLM real estate has announced the sale of shopping parks in the Czech Republic and Slovakia. The buyer is Patria investiční společnost, reports Seznamzpravy.cz.


The companies did not disclose the price. Patria investiční společnost belongs to the Československá obchodní banka (ČSOB) group. The purchased retail parks will be part of the ČSOB Nemovitostní mutual fund, which will open next year. For Patria, this is the third acquisition of the ČSOB Nemovitostní fund this year.

Patria investiční společnost acquired from KLM real estate shopping parks in Zvolen, Bytča, Humpolec and Lipník nad Bečvou, which together offer over 30,700 sqm of leased commercial space. For example, OC Klokan Zvolen is, according to the developer, the largest retail park in Slovakia. The parks are equipped with green roofs or heat pumps and preparation for the installation of photovoltaic power plants.

"The sale of part of the portfolio of Klokan retail parks to Patria is in line with our growth strategy and enables us to acquire additional land for future development in Slovakia and the Czech Republic," said KLM real estate co-owners Rastislav Čačko and Michal Kozáček.

Photo source: KLM real estate