Glatzova & Co. Advises DRFG Real Estate on Acquisition of Commercial Properties in North Bohemia

Glatzova & Co. Advises DRFG Real Estate on Acquisition of Commercial Properties in North Bohemia

Czech Republic
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Glatzova & Co. has advised DRFG Real Estate on its acquisition of three commercial properties in North Bohemia from Czech Property Investments, a.s. (CPI).

The three properties, which cover over 16,000 square meters in total, included an Albert hypermarket and an OBI home supply store in Litomerice and a KiK clothing store in Chrastava. According to Glatzova & Co., the acquisitions followed a previous acquisition by DRFG of 12 shopping malls in December, "bringing DRFG’s current portfolio to approximately 165,000 square meters of commercial real estate with a rental value of approximately CZK 6.3 billion."

The firm's team was led by Partners Vladimira Glatzova and Libor Nemec.