Real estate company Immofinanz sold the BBC Gamma office building in Prague to Passerinvest Group, a real estate investor and developer in the Czech Republic. The company informed about this in a press release available to the editors. The building offers an area of approximately 31,000 square meters and is rented. The companies have agreed to sell by June 30, 2022.
“As part of our portfolio strategy, we focus on retail properties and myhive office solutions. This also includes the sale of real estate with a total value of approximately €1 billion and the investment of the proceeds in real estate to strengthen our brands or repay our debt. The sale of the BBC Gamma building is an important step that corresponds to our strategy and the result of which we are very satisfied,” said Radka Doehring, member of the board of Immofinanz.
“This office building is located in Prague 4, i.e. in the wider city center, and offers rentable space on 10 above-ground floors, as well as underground floors with 500 parking spaces. Its architectural solution includes elements such as panoramic elevators, two-story meeting rooms extending into the atrium, or a roof garden with a space for relaxation,” added the firm.