Clarion Partners Europe, the specialist real estate investment fund manager in European logistics and industrial assets, has acquired a 47,000 sqm warehouse in Žatec, Czech Republic, for approximately €50 million on behalf of one of its commingled funds. The transaction represents a strategic investment in the region’s growing industrial sector.

Built in phases between 2012 and 2018, the property is fully let to Yanfeng, a global leader in automotive interiors, under a new 15‑year triple-net lease. Since 2020, Yanfeng has modernised its manufacturing operations with strategic automation, including advanced guided vehicle systems and upgraded production lines, boosting efficiency and supporting key automotive programmes.

Situated in the Triangle Industrial Zone, just 45 minutes from Prague Airport, the facility benefits from exceptional connectivity via the adjacent D7 motorway, which links Prague with Germany — enhancing its value as a logistics and manufacturing hub.

Thorben Schaefer, Managing Director at Clarion Partners Europe, commented: “This transaction is well aligned with our sale-leaseback / long-income strategy, which focusses on acquiring high-quality assets with long-term leases to strong tenants. It builds on our nearly 20-year track record of sourcing, structuring and executing sale-leaseback transactions across Europe.”

Max Rooney, Director at Clarion Partners Europe, added: “This was a rare opportunity to acquire a mission-critical asset at a defensive entry basis, secured by a 15-year triple-net lease to a strong covenant, and we are delighted to have Yanfeng join our tenant roster.”

Clarion Partners Europe was advised by Kinstellar, Grinity, and Deloitte, while Yanfeng was represented by CBRE.