CPI Buys Assets in Slovakia, Czech Republic
Prague-based Czech Property Investments (CPI) has acquired a logistics park in Lozorno, Slovakia, for e72.9 million. The 118,000-square-metre Lozorno logisticspark, located 23 kilometres from Bratislava, comprises five warehouses let by automotive suppliers to Volkswagen. The seller was AIRE GmbH & Co.
In other news, CPI has acquired a 50 percent interest in COPA Centrum Narodni, a 28,000-square-metre office and retail asset in central Prague. CPI acquired the stake from Interco Holding, a private investor; the other 50 percent is held by COPA.