WOOD & Co Real Estate SICAV Fund has acquired BBC 1 and BBC 1 Plus from CA Immo

The Real Estate SICAV Fund of WOOD & Company, the leading investment bank in CEE, has acquired BBC 1 and BBC 1 Plus, an office complex in the Bratislava central business district, from the Austrian real estate group CA Immobilien Anlagen AG (CA Immo).

WOOD & Company Real Estate is the market leader in the commercial real estate segment in the Czech Republic and Slovakia, with more than 249,000 sqm of leasable property. In addition to operating in the Czech Republic, where it manages the administrative buildings Hadovka Office Park, Harfa Office Park and The Greenline, as well as the shopping centers Galerie Harfa and Centrum Krakov, WOOD & Company Real Estate is also building its Slovak portfolio successfully, with the Westend Tower, Aupark Tower, Lakeside Park 01, BBC 5 and BBC 1 office buildings.

The Bratislava Business Center (BBC 1) office complex in Prievozská Street provides 25,500 sqm of gross leasable space. The BBC 1 Plus building was completed in 2012 as an extension of the existing BBC 1 facility, bringing to the market 15,900 sqm of leasable space, spread over 13 floors of grade A+ office space and an underground car park. Hailed as the first green office building in Bratislava, BBC 1 Plus was also the first building to be awarded a LEED Gold certificate. Based on international criteria, the sustainability certificate demonstrates that the building meets the standards of environmentally friendly and energy-efficient operations. Situated close to the central bus station, BBC 1 is conveniently located and has excellent transport links with both Bratislava Airport and the historic center.

CA Immo is an investor, manager and developer specializing in modern office properties across gateway cities in Germany, Austria and Central Europe. The company covers the entire value chain in the field of commercial real estate, including a high degree of in-house construction expertise. Founded in 1987, CA Immo is listed on the ATX Index of the Vienna Stock Exchange and holds property assets worth around US$6.2 billion in Germany, Austria and CEE.

Oaklins’ team in in Slovakia advised WOOD & Co Real Estate SICAV Fund on the acquisition.