Portin selling off 10 Czech retail parks

Published: 27. 10. 2023

Retail parks jumped to the top of the hitlist for real estate investors during the pandemic. So, it’s big news that the developer Portin will be selling off 10 all at once, for which it expects to collect more than CZK 4 billion. Co-founder Jindřich Kukačka says the deal could net Portin as much as CZK 4.5 billion. “Only new projects that we’re just finishing now or will finish next year are up for sale,” he told e15. “They’re retail parks in various locations around Czechia. Some of them are larger projects of . . .

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