WOOD & Company Funds SICAV has acquired a 50% share in Slnečnice Nad Mestom residential development project
A 50% share in the first phase of the Slnečnice Nad Mestom residential development project in Bratislava, Slovakia, has been acquired by WOOD & Company Funds SICAV from its developer, Cresco Real Estate. The transaction also included the formation of a joint venture partnership between WOOD & Company and Cresco for the development and sale of residential units on the site.
WOOD & Company Funds SICAV was established by WOOD & Company to invest in real estate, pharmaceuticals, waste management and other sectors, with the goal of generating income and achieving long-term capital appreciation. Based in Malta, the SICAV structure is regulated by the Malta Financial Services Authority.
Slnečnice Nad Mestom is a residential development project in Bratislava, Slovakia with 567 residential units and 820 parking spaces. The first phase of the project involves the construction of two high-rise buildings — one 14-story and one 19-story — along with three eight-story buildings in the first of three planned city blocks.
Cresco Real Estate is a Slovak real estate developer with over 30 years of experience in large-scale residential projects and commercial properties across Slovakia and the Czech Republic.
Oaklins’ team in Slovakia advised WOOD & Company Funds SICAV on this acquisition.
Talk to the deal team
Related deals
Omer 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 moreRCN Vakantieparken has attracted international investor Blackstone to drive growth
RCN Vakantieparken, a leading owner and operator of spacious holiday parks and campsites across the Netherlands, France and Germany, has been acquired by Blackstone, a premier global investment firm. Blackstone will support the management team’s vision for the business and accelerate RCN’s growth potential with significant investment across its parks, while retaining its strong brand identity.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn more