Penta Real Estate closes three sales to date in 2020

06
May
2020
News - Penta Real Estate closes three sales to date in 2020 #Bratislava #investment #Kosice #office #Penta Investments #Poland #Slovakia #Warsaw

by Property Forum | Report

Since the start of this year, Penta Real Estate has closed the sale of three office buildings in its portfolio. After selling Rosum in Bratislava, the company completed a transaction in Poland within a single month by selling the office complex D48 and the office building BCT1 in Košice.


The Rosum office project was sold for €60 million by Penta Real Estate to the Austrian company European City Estates at the beginning of this year. In April, the company sold the office building BCT1 to Occam Real Estate. Under an agreement between both parties, a transaction sum has not been disclosed. The third successful acquisition is the D48 office building in Warsaw in Poland. Penta Real Estate sold the premises to a Slovak entity – Prvý realitný fond (PFR) covered by IAD Investments’ portfolio. Like in the case of BCT1 deal, a transaction sum has not been disclosed as well.

“We are pleased that agreements have been concluded with the new owners despite the current crisis situation brought about by COVID-19 pandemic,“ said Tomáš Laštovka, Group CEO of Penta Real Estate.




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