CHS – Immobilien sells Orifarm Hostivice complex to private investor

Colliers has announced the successful completion of the sale of the Orifarm Hostivice logistics and office complex, located on the western outskirts of Prague. Colliers represented the seller in the transaction and provided comprehensive advisory services throughout the sale. The seller was CHS – Immobilien, and the new owner is a private investor.

The property, with a total leasable area of 6,052 sqm, includes approximately 4,818 sqm of warehouse space and 1,234 sqm of office and administrative space. The complex is fully leased to Orifarm Supply, an established international pharmaceutical group.

The strategic location of the Hostivice site ensures excellent transport accessibility. The building is situated near Prague’s ring road and the D6 and D7 highways, offering quick access to downtown Prague and major transportation routes throughout the Czech Republic.

“I am pleased that we have managed to close our second industrial real estate transaction in Prague in just two months. While our previous deal involved a brownfield site with development potential, this time it features a stable income-generating asset. Local investors’ interest in both projects also confirms the trend of Czech capital dominance that we have been observing in the market since last year. Furthermore, this specific site combines an attractive location with a high-quality tenant, making it a very interesting investment opportunity,” says Tomáš Szilágyi, Associate Director at Colliers.

In addition to Colliers, PDP Property Development Partners also participated in the transaction. On the seller’s side, the law firm bpv Braun Partners provided legal counsel.