ECO ČS Nemovitostni fond buys HB Reavis

Forum Business Center I
Forum Business Center I
International developer group sold Forum Business Center I (Forum BC I) located in Bratislava. The purchaser of the building is ČS Nemovitostni fond.

International developer group sold Forum Business Center I (Forum BC I) located in Bratislava. The purchaser of the building is ČS Nemovitostni fond. The transaction with the value of 46.2 million euro is one of the most important contracts concluded on the Slovakian and Czech real estate market this year.

 

In accordance with the adopted strategy of diversification our portfolio, we have realized an important investment project outside the Czech Republic. The high class of the Forum BC I office and the fact that the tenant of the structure is a prestigious Slovak Telekom company make that Forum BC I is a really attractive offer from the point of view of investors – said Filip Kubricht, chairman of the board, REICO ISČS.

 

We are glad that we managed to conduct such a successful transaction in cooperation with precious foreign investors. The interest of such a prestigious partner as ČS Nemovitostní fond confirms that offices class premium realized by HB Reavis are valuable assets on the commercial real estate market – added Marián Herman, member of the board and financial director of HB Reavis Group.

 

Forum BC I is located at the crossroads of Bajkalska and Pirevozska Streets in Bratislava. There are 18 500 sq. m of modern area class A on seventeen aboveground tiers of the structure. The office is one of the first office buildings in Slovakia which received the BREEAM Excellent certificate. A headquarters of Slovak Telekom has been located in the office since 2013.

 

ČS Nemovitostní fond is managed by REICO ISČS, which is fully owned by Česká Spořitelna (Erste Group). The fund is the biggest and the oldest entity of such type that functions on the real estate market in the Czech Republic. Its capital has exceeded the value of 275 million euro (7.5 billion Czech koruna) at the end of November this year.

 


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