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Jan 5, 2016
CBRE has sold the production hall in Čakovice

Flexible Metal, a Hyspan company, enters Czech market

The USA based production company Flexible Metal, a global producer of automotive supplements, has decided to expand into the European market  specifically into the Czech republic. Flexible Metal approached CBRE with request for the purchase  of commercial hall or land for developement in the Prague region .

CBRE has offered  several commercial possibilities. 

During the negotiation period of 5 months, Flexible Metal has decided to short list two options and finally decided for the purchase option of exisiting production hall of size 2.500 sq m, which was owned by company Indeco.

This project was supported by CBRE departments of  Industrial and Sales & Aquisitions, which had the Indeco property in its potfolio.

Following the sale of the property, Indeco decided to partially leaseback  the premises  and used it as showroom for period of another two years.