Advised METRO PROPERTIES, the real estate company of METRO AG in connection with a sale-and-leaseback transaction
of three MAKRO Cash & Carry stores in Prague. The deal was a part of a transaction involving a total of 11 MAKRO Cash & Carry stores in Poland, Hungary and the Czech Republic. The entire portfolio was acquired by FLE GmbH, Vienna, a subsidiary of the French LFPI Group, investing on behalf of an AIF-regulated fund. MAKRO Cash & Carry will continue to operate all wholesale locations under the long-term lease contracts.