Announced
Synopsis
Plan B Investments, a financial services company, completed the acquisition of Czech and Slovak assets of Trei Real Estate, a real estate company. Financial terms were not disclosed. “I consider it unique nowadays to make a real estate transaction for about a quarter of a billion euros. We managed to acquire a portfolio from an international developer at a time when financing is scarce and becoming more expensive, the exchange rate of the crown to the euro is not stable and the real estate market does not move much. This is truly an exceptional deal. I would like to thank everyone involved for their cooperation and patience," Zdenek Soustal, Plan B Investments Co-Owner.
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