WOOD & Company Real Estate SICAV has acquired a 50% share in the Vackov Yards Žižkov development project
December 2025 — WOOD & Company Real Estate SICAV, acting through its residential subfund and in joint venture with Cresco Real Estate, has acquired the Vackov development site in Prague 3 from FINEP Group. The project, branded Yards Žižkov, comprises more than 1,100 residential units across multiple phases with a total development investment of approximately US$540 million (€460 million), forming one of Prague’s largest inner-city residential regeneration projects.
WOOD & Company Real Estate SICAV is a regulated Czech investment fund platform managed by WOOD & Company, a leading Central European investment bank and asset manager. The investment was executed through the residential subfund, which focuses on large-scale residential developments in prime urban locations in the Czech Republic and Slovakia. The strategy emphasizes scalable, multi-phase projects in supply-constrained metropolitan markets with strong long-term fundamentals.
Cresco Real Estate, a Central European residential developer active in the Czech and Slovak markets, acts as the development partner within the joint venture, contributing local expertise and leading project execution, including permitting, design coordination, construction management and commercialization.
Vackov, launched under the brand Yards Žižkov, represents the transformation of the former Žižkov Freight Railway Station brownfield into a new mixed-use urban quarter. In addition to residential units, the masterplan includes retail, community amenities and public green spaces, supported by planned infrastructure improvements such as a new tram connection to central Prague.
The seller, FINEP Group, is one of the largest residential developers in the Czech Republic and had previously prepared the site for redevelopment prior to the transaction.
Our role in the transaction
Oaklins’ teams in the Czech Republic and Slovakia acted as the exclusive buy-side M&A advisor to WOOD & Company Real Estate SICAV. The mandate covered the transaction and JV structuring, setup and structuring of the residential subfund, land acquisition financing, coordination of due diligence, negotiation of key transaction documents and assistance through signing and closing.
Talk to the deal team
Related deals
Be-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn more