WOOD & Company Office Sub-Fund has successfully completed the acquisition of Green Point, a 7,500m² A-class, BREAM Excellent office building located in Prague. Colliers, Glatzova & Co.,TPA and OM Consulting advised the company on the transaction.
Green Point is a landmark property benefitting from high visibility, while providing a surprisingly quiet and calm working environment thanks to building design, technology and materials used. The property is situated within a walking distance from And?l metro and tram stops providing excellent public transport accessibility and, furthermore, offering amenities such as the Nový Smíchov shopping centre and various cafes and restaurants. Current tenants include MSC, a world leading container shipping company, Grip Digital, a full-range video game developer providing services to some of the world’s top gaming companies and Agriwell, an organic agricultural producer and seller.
Konstantin Cordery, Senior Associate at Colliers commented: “We are delighted to have advised WOOD & Company in identifying and successfully completing the acquisition of Green Point. This transaction demonstrates that in the face of limited office product availability in Prague, investors that are able to adapt their strategy to embrace alternative solutions will be able to further fulfil their investment criteria and achieve their investment goals.”