News Article Croatia Immofinanz investment office SEE Zagreb
by Property Forum | Investment

Immofinanz has successfully closed the sale of the Grand Center Zagreb office property to a Croatian real estate company. This transaction represents a further step in the optimisation of the portfolio.

“The sale of this office property in Zagreb shows that we are also making very good progress in the optimisation of our portfolio in the current market environment. In line with our strategy and focus on value creation, the proceeds will be invested in the expansion of our innovative office solutions and retail properties in our core markets“, explained Radka Doehring, Member of the Immofinanz Executive Board.

The Grand Center Zagreb is a modern office building in the heart of the Croatian capital. It offers tenants exclusive office space over roughly 16,000 sqm of usable space and local amenities with numerous bars and restaurants. The building was completed in 2006 and is fully rented.