Hines completed the acquisition of Eastgate Park from The Charnwood Company.

Hines, a real estate firm, completed the acquisition of Eastgate Park, a logistics facility in Prague, from The Charnwood Company, an owner, developer, investor, and asset manager of institutional real estate. Financial terms were not disclosed. “The area’s sizable labor pool for flex and distribution-focused warehouse space, combined with the prime location, make Eastgate Park a strong long-term last-mile distribution location and a solid addition to the existing Hines Global portfolio," Omar Thowfeek, Hines Managing Director.