leasing deal in czech republic

Valad and Aviva seal 37,000 m2 leasing in Czech Republic
Date: 21 April 2010 | Category: Leasing

Pan-European multi let specialist, Valad Property Group, and Aviva Investors Central Europe Industrial Fund (CEIF), the owner of several industrial and logistics estates in the Czech Republic, has recently completed one of the countrys largest transactions of this year.

The company FAST CR, one of the largest suppliers of white goods and other electrical products in Central Europe, has taken a new five year lease of its existing 25,300 m2 premises and an additional 11,900 m2 of logistics space at Ricany Trading Estate in Ricany u Prahy.

The transaction represents a total of 37,200 m2 of leased warehouse, office, retail and associated handling space. Aviva Investors is the Fund Manager of CEIF and Valad is the Asset Manager to the fund.

more info @

http://www.propertyeu.info/index-archive/valad-and-aviva-investors-37000-m2-leasing-in-cz/default.asp?page=1