Jury Awards

ACQUISITION OF ARKADY PANKRAC
The largest investment transaction ever completed by Czech Fund in the CR.
GLA: 40,000 m2
Location: the largest residential and office district in Prague (Prague 4)
No of Shops: 150
Anchor tenants: Albert, Datart, H&M, Anson's, Magenta, HalfPrice, CCC, New Yorker
Opening: 2008
Part of Richard Meier Architects urban design of Pankrac Area, completed and managed by ECE until Jan 2024
Name of the deal ACQUISITION OF ARKADY PANKRAC
Information about the transaction The largest investment transaction ever completed by Czech Fund in the CR.
GLA: 40,000 m2
Location: the largest residential and office district in Prague (Prague 4)
No of Shops: 150
Anchor tenants: Albert, Datart, H&M, Anson's, Magenta, HalfPrice, CCC, New Yorker
Opening: 2008
Part of Richard Meier Architects urban design of Pankrac Area, completed and managed by ECE until Jan 2024
The date of closing the deal 31.1.2024
Value of the transaction (in EUR) 259000000
Yield Confidential
Seller, plus brief information about the company G CITY
Consultancy which advised Seller Cushman and Wakefield
Purchaser, plus brief information about the company TRIGEA is one of the fastest growing Czech domiciled real estate funds with over 650 mil EUR property value. The Fund was established in 2019 and since inception delivers stable performance over 6.5%+ p.a. In the last 24 m TRIGEA completed, 4 acquisitions on the Polish market in addition to Arkady.
Consultancy which advised Purchaser CBRE
Financing institution UniCredit and Ceska Sporitelna
Current occupancy level 97
Please say why this deal should be considered for the award The largest investment transaction ever completed by Czech Fund in the CR, demonstrating the strengh of the local capital and its growing tradectory
Name of the deal
ACQUISITION OF ARKADY PANKRAC
Information about the transaction
The largest investment transaction ever completed by Czech Fund in the CR.
GLA: 40,000 m2
Location: the largest residential and office district in Prague (Prague 4)
No of Shops: 150
Anchor tenants: Albert, Datart, H&M, Anson's, Magenta, HalfPrice, CCC, New Yorker
Opening: 2008
Part of Richard Meier Architects urban design of Pankrac Area, completed and managed by ECE until Jan 2024
The date of closing the deal
31.1.2024
Value of the transaction (in EUR)
259000000
Yield
Confidential
Seller, plus brief information about the company
G CITY
Consultancy which advised Seller
Cushman and Wakefield
Purchaser, plus brief information about the company
TRIGEA is one of the fastest growing Czech domiciled real estate funds with over 650 mil EUR property value. The Fund was established in 2019 and since inception delivers stable performance over 6.5%+ p.a. In the last 24 m TRIGEA completed, 4 acquisitions on the Polish market in addition to Arkady.
Consultancy which advised Purchaser
CBRE
Financing institution
UniCredit and Ceska Sporitelna
Current occupancy level
97
Please say why this deal should be considered for the award
The largest investment transaction ever completed by Czech Fund in the CR, demonstrating the strengh of the local capital and its growing tradectory