WOOD & Co. acquires The Greenline from Karimpol

WOOD & Co. acquires The Greenline from Karimpol

Published at: 2019-12-03 10:38 | Author: CIJEurope.com
WOOD & Company has acquired the 15,500 sqm office building The Greenline in Prague 4 from Karimpol International. Located in the heart of the Pankrac business district, the value of the deal has pushed the value of WOOD & Co.'s real estate portfolio to over €500m. The Greenline is home to tenants such as SCS Software, Huawei Technologies, Nordic Telecom 5G a Kia Motors Czech. "We cooperate with Karimpol International on a long-term basis and we're pleased that we could find for its project The Greenline a major investors such as WOOD & Company and bring together the business interests of the companies," said Tewfik Sabongui, Managing Partner of the Czech branch of Colliers International, which brokered the deal. "This transaction confirms that Czech investors are capable of winning ever larger assets from the institutional market for their real estate portfolios," said Andy Thompson, director of the investment department of Colliers International.

Similar Stories:

Lobby as a natural part of the working environment. New project of CAPEXUS
The Táborská 31 administrative building in Prague 4 has been boasting a refurbished lobb  »
CPI profits rise in Q3 to €221m
CPI Property Group has reported profits of €221m for the first three quarters of the yea  »
Inopa to build C300 Office scheme in Gdańsk
Inopa has started construction of the C300 Office building on Marynarki Polskiej street in  »
Deltamarin leases 1,000 sqm at BCB Business Park in Gdańsk
Deltamarin has leased 1,000 sqm in Building B2 at BCB Business Park in Gdańsk. Deltamarin  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »