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    Trei Opens 29th Vendo Park in Poland

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    Skanska Signs Large Lease in the Nowy Rynek Office Complex in Poland

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    Echo Investment Divests Three Office Buildings in Poland

    Impact Completes Luxuria Residence in Bucharest

    Impact Completes Luxuria Residence in Bucharest

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

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    Accolade Announces New Project in Sulechow

    One United Properties Announces the Handover of One Cotroceni Park Phase I

    One United Properties Announces the Handover of One Cotroceni Park Phase I

    White Star Logistics to Build New Park in Torun

    White Star Logistics to Build New Park in Torun

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Home News Deals

CA Immo Sells Canada Square to Investum

Sorina Dumitru by Sorina Dumitru
September 13, 2021
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CA Immo Sells Canada Square to Investum
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On September 2, 2021, CA Immo announced it signed a sales contract with Hungarian investor Investum to sell the Canada Square office building.

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Skanska Signs Large Lease in the Nowy Rynek Office Complex in Poland

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Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

According to CA Immo, the sale of the 5,000 square-metre asset closed at a premium of 28% to the book value as of December 31, 2020. The office building, constructed in 2004, is located in the west of Budapest and is currently fully occupied. 

“With this profitable sale we continue our strategic capital rotation program where we seek to profitably divest assets with no strategic fit in our long term portfolio,” commented CA Immo Chief Investment Officer Keegan Viscius. “The overriding goal is to sharpen the focus on large, modern office properties in prime locations in our core cities, thereby sustainably increasing portfolio quality and management efficiency. The proceeds of these sales will be reinvested into value accretive investments in core premium office properties, including continued build out of our prime development pipeline in Germany as well as external property acquisitions.”

Tags: CA ImmoInvestum
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Sorina Dumitru

Sorina Dumitru

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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Recent Posts

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