International law firm Salans confirmed it advised Tristan Capital Partners, on behalf of its Curzon Capital Partners III fund, on the purchase of an 80% stake in six industrial parks in the Czech Republic. The parks were previously owned, developed and managed by VGP. The value of the transaction was EUR 135 mln.

The purchase is the second major investment by Tristan Capital Partners in the CEE region so far this year. In March, Salans' Global Real Estate team assisted Tristan and AEW Europe, joint advisers to another fund, EPISO, in the EUR 300 mln purchase of six other industrial parks from the same developer in the Czech Republic.