Plzen Park West is a logistics park development located in Plzen, Czech Republic.

It consists of a 24,000sqm warehouse and a further 19 hectares of additional development land. A second warehouse was constructed in 2013.

The location on the D5 motorway, less than an hour from the German border, is very attractive to German manufacturers.

Plzen Park West 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
December 2012

INVESTMENT THESIS
Asset Acquisition and Development

STATUS
Realised

INDUSTRY
Logistics

STAGE CAPITAL TEAM
James Huckle