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ZDR Investment Acquires Aventin Shopping Center in Jihlava

ZDR Investment has completed its largest investment in the Czech Republic to date by acquiring the Aventin shopping center in Jihlava for CZK 1.5 billion.

The development company Aventin has sold its retail park in Jihlava to the Czech real estate fund ZDR Investment for CZK 1.5 billion. With 50 stores and a retail area of 26,000 square meters, Aventin Shopping Jihlava ranks among the largest retail parks in the Czech Republic. Shoppers can take advantage of 1,200 parking spaces or a shuttle bus connecting the center of Jihlava. An additional phase of development is already underway, which will add 15,000 square meters of retail space over the next two years. At the same time, the rooftop solar power plant will be expanded, eventually reaching a peak output of 1.4 MWp.

ZDR Investment currently manages 43 retail parks and dozens of standalone retail units in six Central European countries, with total assets valued at CZK 17 billion. Annual rental income amounts to CZK 850 million. The Aventin development company has designed and built five retail parks with a total area of 58,000 square meters in the South Moravian Region and the Vysočina Region.

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