Amundi sells CZK 450 million City Point to WorkLounge founder

Published: 28. 10. 2023

Mint Investments has completed a deal for Amundi Czech Republic for the sale of City Point to WorkLounge founder Lubomir Šilhavy. Cushman & Wakefield and Havel & Partners were also involved in the CZK 450 million deal for the asset, which is located next to the Arkady shopping center. “We managed to secure a truly attractive return for Amundi that exceeded expectations,” said Mint Investments partner Sebastien Dejanovski. The 8,500 sqm office building also offers retail space and a fitness center, with a tenant mix that includes Telefonica 02 and AXA Assistance. “The transaction only confirms the strength of the Czech real estate market and the high level of demand of domestic capital for quality investment product,” said Jaroslav Mida (Mint Investments). He added that Mint had managed the asset ever since it assisted Amundi in acquiring it back in 2015.

 

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