Mint completed acquisition of the Polygon House16.10.2014
Mint Investments completed the acquisition of Polygon House for its private clients. The transaction volume exceeded EUR 20million. Polygon House is a modern, class A office building with 10,500 square meters of leasable area and 125 parking spaces, located in the heart of Pankrác, one of the most attractive and dynamic locations in Prague. The building has a great visibility from the D1 highway, capturing attention with its ship-like shape and glass façade.
Lukáš Schirl, partner at Mint Investments, commented on the acquisition: “We were able to capitalize on a special opportunity for our investors and acquire a modern class A office project with good visibility, in the close vicinity of Pankrac metro station and the Arkády Shopping Centre, more than 90% occupancy generating above market yield. We believe that this investment will generate an attractive risk adjusted return for our investors.”
About Mint Investments
Mint Investments is a leading Central European manager of real estate investments and founder and manager of private equity real estate funds, founded in 2002. With more than EUR 500M of assets under management across seven closed-end funds, Mint Investments counts amongst its investors some of the largest European and Northern American institutional investors as well as large Central European private investors.
Mint Investments offers services of an integrated real estate investment platform. Its teams cover investment management, development, asset management, leasing and property management.
Mint employees over 50 professionals based in Prague, Bratislava, Pilsen, Opava, Olomouc, Most and Trenčín, covering the Czech Republic, Slovakia and southern part of Poland. All partners and individual division directors worked for prestigious Anglo-Saxon institutions in the past, both at home and abroad.
Our group is also well known in the CEE region through its subsidiaries CSIA (Czech and Slovak Investments Advisors) and DEVELON.