JLL Prague and Bratislava: Three large investment transactions with Wood & Company
In recent weeks, the real estate consulting firm, JLL, has participated in three large-scale investment transactions in the Czech Republic and Slovakia.
In recent weeks, the real estate consulting firm, JLL, has participated in three large-scale investment transactions in the Czech Republic and Slovakia. This was a strategic acquisition of the Wood & Company´s real estate fund (the real estate arm of investment group Wood & Company), which recently acquired three premium office buildings. In two cases, the JLL Investment team represented sellers, firstly in the sale of the Lakeside Park in Bratislava (26,000 sqm), and secondly the Europa Capital, which sold the Hadovka Office Park in Prague (24,370 sqm). In the acquisition of the Aupark office building in Bratislava (35,000 sqm), JLL's team provided Wood & Company with commercial advisory. This purchase ranks among the largest office transactions in Slovakia over the last seven years. Hadovka Office Park was also one of the largest office transactions in the Czech Republic in 2018.
"Recent acquisitions of Wood & Company‘s real estate fund underline successful competition of Czech and Slovak investors with international capital and their increased appetite in investing into the markets they understand. I am delighted we took part in all three latest strategic transactions of this fast-growing fund," said Miroslav Barnáš, CEO JLL CZ&SK.