WOOD & Co through its Real Estate SICAV Fund has acquired an 85% stake in HARFA
WOOD & Co Real Estate SICAV Fund has acquired HARFA shopping mall and office park from Lighthouse Group. Financial details have not been disclosed.
WOOD & Co established a SICAV fund structure under Czech legislation, regulated by the Czech National Bank. This SICAV fund structure (umbrella structure) set up its real estate sub-fund for qualified investors which serves as an investment and holding vehicle for the 85% controlling stake in HARFA. The fund is managed by WOOD & Company investiční společnost, a.s., has issued investment shares and does not intend to pay dividends.
HARFA is one of the largest shopping malls and administrative centers in Prague, the Czech Republic. It is comprised of HARFA shopping mall, with more than 160 shops on three floors and a total area of 41,500 m2, and HARFA office park, with 20,500 m2 of office space on twelve floors.
Lighthouse Group is a leading real estate developer and operator present in the Czech Republic since 2000.
Oaklins' team in Prague managed the acquisition of an 85% stake in HARFA and acted as financial advisor to the acquiror. The asset is currently owned and managed by WOOD & Co Investment Company via WOOD & Co Real Estate SICAV Fund.
Talk to the deal team
Related deals
Native Communities has been acquired by Greystar Real Estate Partners
Build-to-rent landlord Greystar Real Estate Partners has acquired Native Communities, a living sector and mixed-use management company, from Ares Real Estate. This acquisition strengthens Greystar’s third-party property management capabilities, accelerating its strategy to scale operations across key European markets. The combined business is uniquely positioned to support clients from single assets to complex, multi-country portfolios.
Learn moreAedes has finalized a rights issue
Aedes S.p.A. has successfully finalized a rights issue to support the objectives of the group’s 2024-2028 business plan and the relaunch of its business.
Learn moreOmer Engineering has completed an IPO
Omer Engineering Ltd. has successfully launched its IPO on the Tel Aviv Stock Exchange, pricing shares as part of a plan to raise approximately US$94 million at an implied pre-money valuation of around US$313 million. The offering included both newly issued shares and a secondary sale by existing shareholders, who retained a significant majority stake post-IPO. This transaction underscores strong investor interest in scaling the company’s operations and enhancing its capital.
Learn more