rare size of a deal between two strong market players on the Czech market in new emerging submarket of south Czech region
Name of the deal
Ceske Budejovice
Information about the transaction
Disposal of over 100 mil. Eur assets in Ceske Budejovice to Accolade
The date of closing the deal
2025-07-31
Value of the transaction (in EUR)
100000000
Yield
5.45%
Seller, plus brief information about the company
GARBE Industrial Real Estate has approximately 7.1 million square metres of lettable area and a property development pipeline of around 1.9 million square metres in Germany and elsewhere in Europe under management that represent real assets and fund assets in a combined value of around 11.0 billion euros (as of 31 December 2024). GARBE Industrial develops, buys or sells, lets, manages and finances high-end commercial properties in attractive transport nodes and industrial locations.
Consultancy which advised Seller
none
Purchaser, plus brief information about the company
Accolade operates in eight European countries, where it invests in modern and sustainable infrastructure for global retail and e-commerce, manufacturing and logistics brands. It manages total value of over 3.3 billion EUR. The group has now completed more than 3.5 million m2 of commercial properties