The Butovice Gallery Shopping Centre
In October 2019, the fund carried out an important acquisition of the Butovice Gallery in Prague. The property offers over fifty thousand square metres of leasable premises located on two above-ground floors; it also includes underground and outdoor car parks with over 1,400 parking spaces. This makes it the sixth largest shopping centre in Prague. Nearly all of the premises are currently leased to over eighty different tenants. Some of the most prominent include Kika, Albert, H&M and Electro World. In 2016 and 2017, an extensive renovation of the shopping centre took place and, in 2018, the furniture store Kika was built next to it. The Butovice Gallery is easily accessible by transport and is part of the growing residential and office area near the Nové Butovice metro station.
Website of the real estate.
|Real estate company||Galerie Butovice s.r.o.|
|Number of properties||1|
|Property type||Business centre|
|Leased area||50 066 m²|
|Prominent tenants||Kika, Albert, H&M, Intersport, JYSK, Mall.cz|
|Acquisition by the fund||October 2019|
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