Mint Investments acquires Main Point Pankrac for Hana Financial Investment

Mint Investments acquires Main Point Pankrac for Hana Financial Investment

Published at: 2019-06-28 12:20 | Author: CIJEurope.com
Mint Investments Group has just completed the acquisition of Main Point Pankrac for the South Korean investment company, Hana Financial Investment. The volume of the transaction exceeds €115m. Mint provided the investment underwriting and advisory during the transaction and will now will be responsible for the property's asset management.

Developed by PSJ Invest, Main Poin Pankrac stands in the middle of one of Prague's most dynamic office sub-markets in Prague. The 26,500 sqm building rises 10 storeys while offering almost 400 underground parking places. Current tenants include McKinsey & Company, Unipetrol, Dimension Data and ARVAL CZ.
“South Korean investors have been very active on the Czech market in recent months, as in January, we arranged the acquisition of Florenc Office Center in Prague for another investor from the Republic of Korea," said Sebastien Dejanovski, a Partner at Mint Investments Group. He said that the prestige of the building's tenants was most obvious proof of the building's quality. Legal and commercial due diligence was provided by Dentons and Cushman & Wakefield, respectively. Arcadis (technical due diligence) and TPA (financial and tax due diligence) also participated in the transaction.

Similar Stories:

Ożóg Tomczykowski leases 830 sqm at Nowogrodzka Square
The Ożóg Tomczykowski law firm has leased 830 sqm at the Nowogrodzka Square office build  »
CBRE: Trigea Czech Real Estate Fund has bought its first real estate in Prague
Trigea Real Estate Fund has acquired the attractive Louvre office building in Prague 5 to  »
Velvet CARE extends lease at Skylight in Warsaw
Velvet CARE has extended its office lease at Skylight in Warsaw. Cresa represented the man  »
Colliers International to manage Lastadia Office in Szczecin
Colliers International has taken over management of Lastadia Office in Szczecin. The inves  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »