Czech open-ended fund buys Bratislava office building

08
Feb
2017
News - Czech open-ended fund buys Bratislava office building #Bratislava #Czech Republic #investment #office #Slovakia

by Ákos Budai | Investment

ČS Real Estate fund, the largest and oldest Czech open-ended property fund, managed by REICO, has acquired the Park One office building in Bratislava for €35.6 million from private investment firm Falcon II Fund. 

The transaction took the form of a transfer of 100% of the shares in the real estate companies that owned the property. One Park is located on Námestie 1. Mája in the Slovak capital’s city centre. The 13-storey building (with 3 underground levels) comprises 13,200 sqm of office space and 167 parking spaces. It is currently fully let, key tenants include Amazon, Zurich Insurance Company, L’Oréal and CBRE. 
 
The fund now owns eleven buildings in the Czech Republic and Slovakia, with an estimated value of €450 million. Park One was built in 2007 and designed by the SIAL architectural studio founded by Karel Hubáček. REICO is the real estate investment arm of České spořitelny bank which is part of Erste Group

Bratislava Czech Republic investment office Slovakia


Latest news


New leases

  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.
  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


Latest news

News - Apsys stars two resi projects in central Wrocław
17
Mar
2026

Apsys stars two resi projects in central Wrocław

by Property Forum
Apsys Polska has kicked off the regeneration of a post-industrial site in central Wrocław with two residential projects - Nowa Stawowa and Ogrody Staromiejskie. Construction work began in early 2026, with completion planned for Q4 2027.
Read more >
News - Mattel signs lease for new logistics centre in Panattoni Business Park Most Joseph
17
Mar
2026

Mattel signs lease for new logistics centre in Panattoni Business Park Most Joseph

by Property Forum
Mattel, a leading global toy and family entertainment company, will become a new tenant at Panattoni Business Park Most Joseph.
Read more >
News - Panattoni to develop 38,000 sqm warehouse for Sellpy in Wrocław
17
Mar
2026

Panattoni to develop 38,000 sqm warehouse for Sellpy in Wrocław

by Property Forum
Panattoni has secured another tenant for its development in Lower Silesia – Wrocław Campus 2. Sellpy, a digital platform for secondhand and other products, will launch a distribution warehouse in Wrocław, occupying approximately 38,000 sqm.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy