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The Austrian real estate company “Immoeast AG” raised its inventory in Czech Republic to 1,29 mio square metres, and bought five new objects.

Five objects with office and retail real estates with a total of 110.000 square metres floor space in Czechs capital Prague and the second biggest city Brno, were bought in the beginning of this month. Two third of the new acquisitions are offices.

Altogether the Czech Republic portfolio of Immoeast includes now 79 objects with 1,29 mio square metres floor space. Czech Republic has 16 percent share of the total inventory of Immoeast. Just in January the company bought three objects of the BB Centrum in Prague with a value of 160 mio EUR.