Closing: J&T and Concens Investments’ Sale of Ostrava Logistics Assets to EQT Exeter Now Closed

Closing: J&T and Concens Investments’ Sale of Ostrava Logistics Assets to EQT Exeter Now Closed

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On November 15, 2022, CMS announced that J&T and Concens Investments’ sale of their Ostrava logistics assets to EQT Exeter (reported by CEE Legal Matters on January 19, 2022) had closed.

"The deal, which was structured as a series of phased acquisitions, demonstrates the attractiveness of the Czech industrial market," CMS Partner Lukas Hejduk commented.

As previously reported, CMS advised J&T and Concens Investments on their EUR 150 million sale of five Ostrava logistics halls to EQT Exeter. Dentons advised the buyer.

EQT Exeter is a real estate solutions provider that focuses on acquiring, developing, and managing logistics/industrial, office, life science, and residential properties in Europe, the Americas, and Asia.

The CMS updated team included Hejduk, Senior Associate Michal Samek, Associate Jaroslav Lepka, and Lawyer Ondrej Nymbursky.