In mid-June, international property developer HB Reavis announced the completion of a major real estate deal. The developer sold its office property Metronom Business Center located in Prague-Butovice to ČS nemovitostní fond, managed by Česká spořitelna’s REICO investiční společnost, for a sum of CZK 2.3bn. The sale of Metronom thus became the biggest office property transaction of the year in the country.
The commercial success of Metronom shows beyond all doubt that our office spaces, designed and built with people in mind, focus mainly on the needs of prospective users and provide what both clients and investors seek
says Petr Herman, CEO of HB Reavis in the Czech Republic.