Three premises of the leading Czech logistics companyC.S. Cargo operating throughout Central Europe has changed owners. Estate of22,600 square meters, located in Jičín, Liberec and Litomyšl, was acquired bythe real estate fund INVESTIKA.

INVESTMENT COMPANY Investika has expanded itsextensive portfolio by other interesting premises on the Czech real estateindustry and logistics market, which is characterized by its long-term growth,low share of vacant space and high occupancy. Transporter C.S. Cargo continuesas the tenant in these areas and will be using them mainly to serve customersin the automotive industry. C.S. Cargo has approximately 2400 vehicles in dailyoperation, operated by around 1,900 employees. In the year 2017, the Groupachieved turnover of CZK 4.7 billion and CZK 271 million profit before tax anddepreciation.

DELTA legally provided comprehensive legal advice tothe client, from due diligence to the preparation of the transactiondocumentation, when acquiring 100% of shares from the Tuffieh Funds of Malta.Acquisition of C.S. Cargo is yetanother example of the successful cooperation between Investika and the DELTAlegal, which we value very much. Previous transactions include the acquisitionof the Prague office complex Pekařská Office Park or the Pilsen administrationbuilding Business Center Bohemia.