The private equity real estate firm Tristan Capital Partners, have announced their investment of €135 million in order to increase its coverage in Czech Republic.

The firm, who are focused in Europe, have bought the largest stake in a six-strong portfolio of logistics parks in Czech Republic costing approximately €135 million. These are situated in the northern, eastern and western regions of the country and are now fully occupied.

Tristan revealed that they bought the properties from developers for Curzon Capital Partners. Up till October, the fund had occupied €300 million from investors and is predicted to sustain to final balance of €500 million equity for the vehicle.

Source: PERE 09/11/2011