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
Hemink 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 moreWOOD & Company Funds SICAV has acquired 50% of VIVO! Bratislava
WOOD & Company Funds SICAV has successfully acquired an initial 50% interest in the VIVO! Bratislava property complex from CPI Europe Group, with plans to acquire the remaining 50% by the end of 2026.
Learn moreArtisJP has sold 620 hectares of farmland to the Land Fund of Latvia
ArtisJP has sold 620 hectares of agricultural land in the Kuldīga region of western Latvia to the Land Fund of Latvia, managed by the Latvian state finance institution Altum.
Learn more