MNK Partners is accelerating its European expansion with a strategic acquisition in the Czech Republic for the SCPI Reason

MNK Partners' European expansion continues. The independent property management company has just announced the addition of a new asset to the portfolio of its Reason SCPI: a modern light industrial complex located in Zlín, at the heart of a booming Czech industrial region.

This new operation illustrates the SCPI's determination to diversify its investments by targeting buoyant markets beyond traditional borders, while securing attractive returns for its investors.

Key figures for the acquisition

The transaction stands out for its solid financial metrics and strong long-term rental visibility:

• Total purchaseprice (estimated deed in hand): 4 million euros (3.9 million euros excluding transfer duties).
• Yield (estimated deed-in-hand): 8.2% (8.3% net seller).
• Firm lease terms: 10 years.
  
  

A light industrial asset secured by a leading tenant

The acquired asset has a leasable area of 6,020 m² divided into 7 blocks, comprising office, assembly, light production and storage space.

Carried out in the form of a sale and leaseback, this acquisition is accompanied by a firm 10-year rental commitment by Cominfo. A recognized Czech player for over 30 years in entry systems and identification solutions, Cominfo is a subsidiary of the Swedish Gunnebo group, a world leader in advanced secure storage solutions (protection against theft, fire and explosions).

A strategy of international diversification

This acquisition is fully in line with the DNA of the Reason SCPI. Designed as a new-generation vehicle, it combines quantitative management, international diversification and sustainable commitment (ESG).

By targeting the Czech Republic, MNK Partners is demonstrating its ability to capture value in dynamic European markets, thanks to active management that anticipates real estate cycles. The management company has no intention of stopping there, as it is currently studying new opportunities in Spain and Italy to further deploy its investment strategy.

This article has been automatically translated using Breeze, powered by DeepL.