Olomouc industrial transaction concluded

Savills has successfully concluded the disposal of an industrial property in Olomouc to Conseq Funds investiční společnost. The seller, whom Savills exclusively represented in the transaction, has chosen to remain anonymous.

The Property comprises five standalone buildings offering a total of c. 40,000 sqm lettable area and was built between 2008 to 2021. The property complies with the modern standards required by logistics tenants and is almost fully leased. It is located in the southern part of Olomouc, in a key industrial zone. The nearby D35 and D1 highways offer excellent connectivity, providing access to major cities in the Czech Republic as well as connections to Poland, Slovakia, and Austria.

Vladan Kubovec, Portfolio Manager at Conseq, says: “This transaction marks another step in the growth of Conseq’s real estate funds, focusing on high-quality assets with a stable income. We are delighted to be able to offer our investors the opportunity to buy into a well-performing industrial complex backed by well-recognised tenants.”

Fraser Watson, Head of Investment at Savills, adds: “We are pleased to have been a part of this transaction, which once again demonstrates both the prevalence and strength of domestic Czech investors and the continued appeal of the industrial sector. We would like to extend our thanks to all professionals involved in making this deal happen.”