Friday, 17 April 2026
A land transaction involving a brownfield site on the edge of central Prague has been completed, with advisory firm Colliers supporting the process.
The deal concerned the transfer of a full ownership stake in LUSIMA AD Property s.r.o., which controls a plot on Spojovací Street in Prague 3. The vendors included JSK Investments, Notino and associated partners. The buyer is a joint venture formed by Logport and J&T Real Estate.
The site covers approximately 37,000 square metres and has historically been used for industrial purposes, dating back to the 1970s when it housed Autodružstvo Praha. The existing buildings remain occupied by tenants, although the area is expected to attract redevelopment interest due to its location near the wider city centre.
Tomáš Szilágyi, Associate Director at Colliers, said: “I am very pleased to have been able to contribute to the completion of such an interesting and complex transaction. We thank the sellers for their trust in our services and wish the new owners every success in realizing this ambitious project.”
Legal support was provided on both sides of the transaction. The sellers were advised by Tauber Špačková, Axialis Legal and HLADKY.LEGAL, while the buyers were represented by WHITE & CASE and OHBS.
