Karlín Group has sold the Keystone office building in Prague to the German real estate funds GLL Real Estate Partners. Financial details were not disclosed.

The Keystone building, designed by Swiss architects EM2N, will offer 6,500 m2 of office and commercial space, 850 m2 of retail space and 87 parking places in three sub-basements.

The Keystone is a mutual project of Karlín Group and one of its investment partners, the Swiss company Cornerstone. The administrative part of the Keystone building is entirely leased to company SMP.

GLL was advised on the deal by the brokers Strategic Property Investments and Salans.