CA Immo Sells Kavci Hori Office Park in Prague to Conseq Group

Reuters11-27
CA Immo Sells Kavci Hori Office Park in Prague to Conseq Group

CA Immobilien Anlagen AG (CA Immo) has completed the sale of the Kavci Hori Office Park, a 42,300 m² office building in Prague's Pankrac district, to the Conseq Group. The property, which is 96% leased with annual gross rental income of approximately €7.7 million, was sold in line with its book value. The transaction aligns with CA Immo's strategy to focus on high-quality, modern office properties in core markets. CBRE acted as commercial advisor and Dentons as legal advisor to CA Immo in the process.

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