Origination
Ownership
- Previously 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 |
Sold |
| Exit date |
2018 |
