"Our company has made a strategic decision that will allow it to generate long-term income not only through its own development projects, but also through acquisitions of existing real estate. Avenir Business Park enjoys long-term interest from major international tenants, who appreciate the project's high quality and location in an area with excellent civic amenities. I would like to take this opportunity to thank the professionals who supported us in this transaction: Dentons, OMC Consulting for technical advice and KPMG for tax and financial services,” says Doron Klein, AFI Europe Director for the Czech Republic.

Katarína Brydone, Head of Investment at CBRE Real Estate Consulting, adds: “This transaction confirms that the office market is healthy and still active despite the current pandemic. We perceive strong investor interest in quality assets. We are pleased to be able to represent the seller in this transaction and congratulate AFI Europe on expanding its office real estate portfolio.”

Avenir Business Park holds the green BREEAM certification. It offers premium office space with a flexible layout from 200 to 3,500 square meters. The complex occupies a strategic location halfway between the city center and Václav Havel International Airport with excellent transport links by both car and public transport.

AFI EUROPE Czech Republic is a leading investor and developer in the field of commercial and residential real estate. The company has been operating in the Czech Republic since 1997, where it has completed a number of successful projects: the Palác Flora and AFI Palác Pardubice shopping centers, the Korunní Dvůr, Tulipa Rokytka, Tulipa Modřanská rokle and Tulipa City residential complexes and the D8 European Park logistics park. In the field of office real estate, it has so far implemented three phases of the Classic 7 Business Park administrative center, AFI Karlín, AFI Vokovice and AFI City 1. The construction process includes an extensive portfolio of rental apartments that will grow in the Tulipa Karlín projects in Prague 8 in the AFI City multifunctional complex on the city brownfield in Prague 9 near the Kolbenova metro station.

Source:// AFI Europe