Class B office building changes hands in Bratislava

21
Aug
2017
News - Class B office building changes hands in Bratislava #Bratislava #investment #JLL #office #Slovakia

by Ákos Budai | Investment

JLL‘s Slovak Capital Markets team has successfully closed the sale process of the Quadro office building in Bratislava, Slovakia. JLL team acted on behalf of CEE Property Development Portfolio 2, a.s., (CPDP2) a real estate investment and asset management company, part of the Česká spořitelna Financial Group. The Quadro building was acquired by Slovakia-based property company backed by Israeli and US capital. The value of the transaction remains confidential. 


The Quadro office building comprises five above ground open space floors offering almost 6,500 sqm of currently Class B office space. The building situated in the Central Business District on the Prievozska Street with direct visibility from both directions. The location provides fast connection to all main city routes and the D1 and D2 highways. Public transport links are within walking distance and surrounding offers great range of necessary amenities.
 
„The Slovak investment market continues to be very vivid and as we predicted, not only prime assets, but also Class B properties situated in the strategic locations are getting an increased level of attention from both, local as well as international investors,“ adds Rudolf Nemec, Senior Investment Analyst in JLL Slovakia.



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