In November 2008 The Charnwood Company purchased a 12,200 sqm warehouse facility in Brno.
The facility was purchased from OSPAP, the largest distributor of paper products in the Czech Republic, and the daughter company of the global paper manufacturer and distributor Paperlinx, based in Melbourne, Australia. OSPAP has signed a long term leased to occupy the entire facility.
The facility is located on Vídeňská street, approximately 1 km south of the connecting interchange with the D1 highway and 3 km south of the city centre of Brno.
The property was constructed during the late 1980’s and has been well maintained by Ospap over the years. Charnwood’s future plan is, together with Ospap, to continue to enhance the quality and image of the facility through further investment.
The sale lease-back transaction was financed by Charnwood through UniCredit Leasing.