WOOD & Co through its Real Estate SICAV Fund has acquired an 85% stake in HARFA
WOOD & Co Real Estate SICAV Fund has acquired HARFA shopping mall and office park from Lighthouse Group. Financial details have not been disclosed.
WOOD & Co established a SICAV fund structure under Czech legislation, regulated by the Czech National Bank. This SICAV fund structure (umbrella structure) set up its real estate sub-fund for qualified investors which serves as an investment and holding vehicle for the 85% controlling stake in HARFA. The fund is managed by WOOD & Company investiční společnost, a.s., has issued investment shares and does not intend to pay dividends.
HARFA is one of the largest shopping malls and administrative centers in Prague, the Czech Republic. It is comprised of HARFA shopping mall, with more than 160 shops on three floors and a total area of 41,500 m2, and HARFA office park, with 20,500 m2 of office space on twelve floors.
Lighthouse Group is a leading real estate developer and operator present in the Czech Republic since 2000.
Oaklins' team in Prague managed the acquisition of an 85% stake in HARFA and acted as financial advisor to the acquiror. The asset is currently owned and managed by WOOD & Co Investment Company via WOOD & Co Real Estate SICAV Fund.
Talk to the deal team
Related deals
RCN Vakantieparken has attracted international investor Blackstone to drive growth
RCN Vakantieparken, a leading owner and operator of spacious holiday parks and campsites across the Netherlands, France and Germany, has been acquired by Blackstone, a premier global investment firm. Blackstone will support the management team’s vision for the business and accelerate RCN’s growth potential with significant investment across its parks, while retaining its strong brand identity.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreBodegas San Francisco Perú has acquired Aldea Logística Global
Bodegas San Francisco Perú (BSF) has acquired Aldea Logística Global S.A. (ALG) for US$160 million. The acquisition was fully financed through a syndicated loan and represented a strategic opportunity for BSF to expand and consolidate its presence in the Peruvian real estate sector. The transaction added approximately 273,000 square meters (sqm) of gross leasable area (GLA) in Villa El Salvador, one of Peru’s most sought-after logistics hubs, bringing BSF’s total GLA in Peru to over 929,000 sqm.
Learn more