WOOD&Co Real Estate SICAV Fund has acquired The Westend Tower
WOOD & Co Real Estate SICAV Fund has acquired the Westend Tower office building from CTP Invest. 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.
The Westend Towe is located in the Westend Business District (WBD) near Bratislava city center and close to motorway connections to Vienna, Prague, Brno and Budapest. WBD is a new business district offering modern offices and ample parking areas. The natural dominant feature of the site is the 18-level Westend Tower. With a total area of 8,400 m2 to lease and 540 parking lots, the building has an excellent parking ratio of 1:13. The Westend Tower offers B+ grade office space with 433 m2 floor plates and two elevators.
CTP Invest specializes in the delivery and management of custom-built, high-tech business facilities for leading international and domestic companies, making strategic investments in new or expanded operations in Central Europe.
Oaklins' team in Slovakia advised WOOD & Co Real Estate SICAV Fund on the acquisition of the Westend Tower in this transaction.
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