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    Baumax - we have arranged a sale of a retail park

     

    At the end of last year we arranged a purchase of a retail park in Znojmo for a private investor from Belgium. The seller was a retail company named Baumax. This retail park is situated next to a do-it-yourself market Baumax in Znojmo.

     

    "It is one of quality yield retail parks, which was owned by Baumax due to synergy effects of their stores. The foreign investor submitted a very good offer to Baumax which has been finally accepted. Currently all units in the retail park are rented with the biggest tenant being furniture store Asko.", explains Peter Kozojed, Head of Investment in Professionals, who supervised the transaction.

     

    "We cooperate with this investor on a long-term basis. He owns retail real estate all over Europe.” adds Petr Kozojed.


     
     
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