October 13, 2025

Aurelia Acquires River Garden II and River Garden III in Prague

Aurelia Fondy SICAV has acquired the River Garden II and River Garden III office buildings from Encore Plus Properties II, with financing from UniCredit Bank Czech Republic and Slovakia and Ceska Sporitelna.

The River Garden II and III complex is located at Rohanske nabrezi address in Prague’s Karlín district. It offers more than 27,000 square meters of office space. Both buildings are almost fully occupied and have BREEAM international sustainability certificates.

Aurelia Fondy SICAV acted on behalf of its sub-fund Aurelia Nemovitostni Fond SMS & Axelor, podfond.

Kinstellar advised the banks on the financing, Dentons advised the buyer, and White & Case reportedly advised the seller on the deal (as reported by CEE Legal Matters on October 8, 2025).

Image source: rivergarden.cz

Get the memo – every week

Essential real estate market updates, straight to your inbox.

Teodors Welcomes Zabbix as New Tenant

Zabbix has established its new office across three floors, occupying more than 2,400 square meters, "making it a major tenant in the district and a significant addition to the business center’s community."

DNZ Neskovic Acquires IN Hotel in Belgrade

The hotel, opened in 2006 and located near the Belgrade Arena and the Sava Amphitheatre, is a four-star property that offers 187 rooms and suites, conference facilities, and a wellness center.

Volta SKAI OU Registers 2.2 Oversubscription of EUR 8 Million Bond Issuance

Volta SKAI is an Estonian company operating under the brand of local real estate developer Endover