CZECH REPUBLIC A fund managed by Wood & Company has purchased the Greenline, office building in Prague from Karimpol International.
Although the price has not been disclosed, with the purchase of the 15,500 sqm office building the value of the fund’s assets have risen to over EUR 500 mln. The building, which was completed in 2015 is leased by tenants that include SCS Software, Huawei Technologies, Nordic Telecom 5G and Kia Motors.
“We are pleased that we have managed to acquire another high-quality asset for the Fund, in an excellent location,” said Vladimír Jaroš, the CEO of Wood & Company. The deal was brokered by Colliers International and the purchaser was advised by Savills, Dentons and KPMG, while the seller was advised by CMS Cameron McKenna, Nabarro Olswang and Grant Thornton Tax & Accounting
