Stage Capital manages this investment in a 62,777 sqm logistics park in Stříbro, near the city of Plzen. The location on the D5 motorway leading from Prague to Nuremberg provides quick access to German markets while benefiting from a lower cost, educated labour force. It is an hour away from the international airport in Prague. The park is 100% occupied and houses six international tenants, including Lear Corporation, Leoni Neumatic and ASSA Abloy.

D5 was sold in October 2017 to CBRE Global Investors as part of a wider portfolio of  assets.  The portfolio sale generated a return of 2.9x original cost.

HEADQUARTERS
Plzen, Czech Republic

INVESTMENT DATE
November 2011

INVESTMENT THESIS
Asset acquisition

STATUS
Realised

INDUSTRY
Logistics

STAGE CAPITAL TEAM
James Huckle