The American company TPG Real Estate is selling a package of ten logistics parks that it owned in the Czech Republic. The buyer is the investment company Blackstone, also from the USA.The Competition Authority said it had cleared the deal.
The value of the transaction, which was previously published by the Bloomberg agency, is 470 million euros, i.e. almost 12 billion crowns. She called the deal one of the biggest real estate transactions this year in Europe.
Blackstone bought four Czech companies through United Crystal, based in Luxembourg, namely CTRE Fund, CTRE Development, CTRE Říčany and Contera Real Estate.
