Publications

NOVEMBER 4, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Samsung Securities buys Czech Republic Amazon property

by Andrea Zander

South Korea–based Samsung Securities Co. has bought Amazon’s only logistics center in Czech Republic for KRW 186 billion ($160 million), marking its fourth acquisition of an Amazon distribution center in Europe, according to a local media report.

The seller was AEW, the JoongAng Daily reported last week, citing financial industry sources.

The logistics center is under a long-term lease with Amazon until 2030 and located near Prague Airport.

Forgot your username or password?