AFI Europe Czech Republic has closed on the acquisition of Avenir Business Park in Prague from EPISO 4 (advised by Tristan Capital Partners) and its operating partner and co-investor Mint Investments. It's being sold on after undergoing a successful turnaround including new leases and lease renewals for 23,000 sqm of the space along. The vendors also undertook a €4 million capex program to improve common areas and tenant premises and to secure BREEAM certification. Current tenants of the building, which is located next to Galerie Butovice, include Porsche, Porsche Engineering, McDonald’s, Conduent, ČSOB (KBC Group), ING . . .
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