KAPRAIN Acquires Majority in Oaks Prague Residential Project
KAPRAIN investment group has acquired a majority stake in the Oaks Prague residential project in Nebřenice, southeast of Prague. Kaprain acquired its stake from sole shareholder Bohumil Koutník, who will keep a minority stake. Oaks Prague offers luxury living in a stunning natural environment with excellent services and amenities including a golf course.
“We are joining the Oaks Prague project with a simple goal: To maximize and further develop its potential and build one of the most pleasant places to live close to Prague,” Kaprain Director of Development Jan Kozler said, adding “It is a project that will enrich the lives of its residents and all those in the wider area.”
The villas and condominium units at Oaks Prague will soon be home to nearly 500 families that will enjoy a wealth of luxury amenities, including a new nursery school, shops, sports facilities, and leisure-time activities. The La Bottega Oaks Deli Bistro is already in operation, and the crown jewel will be a PGA-standard golf course.
Over a hundred units and villas have already been completed, are under construction, or are being prepared, and the first residents will take delivery in the fall of this year.
Kaprain acquired its majority stake from Bohumil Koutník, who had already received a loan to purchase the project from the previous owners.
“I’m pleased I was able to bring in a renowned, experienced, and financially resilient partner in the form of Kaprain to the further develop this real estate project,” Bohumil Koutník explained.