Atrium Group Services, a subsidiary of G City Europe, has sold the Atrium Flora shopping centre to Max Realitní, a real estate fund focused on investment in commercial retail and office properties in the Czech Republic, part of the Redstone Group.
Atrium Flora is a renowned shopping centre located between the districts of Vršovice and Vinohrady in Prague. Spanning 20,000sq m of retail space and 17,600sq m of modern office space, the centre features approximately 130 stores across four floors, a dedicated food court on the top level and an underground garage with 750 parking spaces. Additionally, Atrium Flora houses the only IMAX cinema in the Czech Republic, making it a destination for both shopping and entertainment.
G City Europe (formerly Atrium European Real Estate) is an owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, with a majority of its portfolio located in Warsaw. Atrium Flora was the last asset located in the Czech Republic.
Max Realitní, Co-Founded by Richard Morávek, manages properties with a market value of €408M, a leasable area of 92,000sq m and over 250 long-term tenants. Recently, the fund expanded its portfolio with the acquisition of the Myslbek shopping gallery.
