Tristan Buys Czech Logistics
Tristan Capital Partners, on behalf of Curzon Capital Partners III, has acquired an 80 percent interest in six Czech logistics parks from real estate developer and manager VGP NV for around €135 million. The six properties are 100 percent occupied and of high quality, having all been built within the past four years. The units are located in Hradec Králové, Liberec, Mladá Boleslav, Plzen, Olomouc and Ústí nad Labem.
“This is the latest in a solid pipeline of deals we have lined up for the CCP III value-added/core-plus strategy,” says Ric Lewis, CEO of Tristan Capital Partners. “We are already investing for the fund even though we are still raising additional capital for this strategy.”
In other news, EPISO, a real estate investment fund co-managed by Tristan Capital Partners and AEW Euro