Origination


  • Off-market.

Ownership


  • Held by Fund II

Role


  • Acquired 100% shareholding with right to restructure SPV as part of an agreed restructuring agreement with lending bank.

Value Creation


  • Maximise NOI by leasing up vacant spaces. – Discussions with tenants to extend leases and improvement tenant relations. – Building improvements.

Property Type


  • Office building with total GLA of 8,083 sqm

 

Key Facts
Location Želetavská 9, Prague 4
Deal type Value Add / Core-plus
Closing date Dec 16
Origination Off-market
Status Under management