WOOD & Co Real Estate SICAV Fund WOOD & Co Real Estate SICAV Fund has acquired a 100% stake in ŠESTKA Shopping Center
WOOD & Co Real Estate SICAV Fund has acquired ŠESTKA Shopping Center (ŠESTKA) from CA Immobilien Anlagen AG (CA Immo). Financial details have not been disclosed.
WOOD & Co Real Estate SICAV Fund is a Czech SICAV structure regulated by the Czech National Bank and managed by WOOD & Co Investment Company.
ŠESTKA is a shopping mall with more than 100 shops, with a total area of 27,311 m2 distributed on two floors, and 1,030 indoor parking spaces. The mall was redesigned in 2011 after an investment of over US$3 million. It is situated in Prague, close to Václav Havel Airport and other important transport connections. ŠESTKA's architectonically sophisticated building attracts interest and fits well into the surrounding area.
CA Immo is a specialist in office properties in Central European capitals, with subsidiaries in six countries in the region. Its core business involves letting, managing and developing office buildings. The company, which controls a high quality real estate portfolio in Germany, Austria and Eastern Europe, covers the entire value chain in the field of commercial real estate. Founded in 1987, the CA Immo has been listed on the Vienna Stock Exchange since 1988.
Oaklins' team in the Czech Republic advised the buyer in this transaction.
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