WOOD&Co Real Estate SICAV Fund has acquired The Westend Tower
June 2017 — 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.
Our role in the transaction
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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