ri real estate sub-funds belonging to the WOOD SICAV* structure received the Light Green label according to the European SFDR regulation supporting ESG sustainability principles. It is WOOD & Co. Office sub-fund, focused on office buildings, further WOOD & Co. Retail sub-fund, which includes shopping centers Kraków and Galerie Harfa in Prague. The third is the AUP Bratislava sub-fund, whose asset is the Bratislava shopping center AuPark. "We are happy that three of our real estate sub-funds carry the Light Green label. It is a signal to investors, existing and potential tenants, financial institutions and other interested parties that we behave responsibly in the role of investment administrator and property manager and want to promote the path of sustainability," says Kateřina Jarošová, ESG manager of CEE, WOOD & Company.
The financial and investment group WOOD & Company has decided on its first real estate acquisition in our northern neighbors - it is buying the Astrum Business Park office building in Warsaw.
The Mill administrative project, which is growing on the developing Mlynské Nivy boulevard, reveals new details. In addition to the modern location and walking distance to the center, it will be characterized by metropolitan design, terraces and stunning views of downtown Bratislava.
Capital economies can handle it. An exemplary example of their resilience is the current period when Bratislava and Prague, like the rest of the world, have to deal with the economic consequences of the coronary crisis.
The Lakeside park 02 office building at the intersection of Tomášikova and Vajnorská streets, next to Lake Kuchajda in Bratislava's New Town, has reached its full height of 13 floors. Work began at the end of February 2020.
Environmental protection and sustainability can also be considered in the construction of an office building. The Bratislava project Lakeside Park 02, growing by Lake Kuchajda, relied on aluminum materials, which, thanks to a significantly reduced CO2 footprint, obtained certification of environmental products.
At the intersection of Tomášikova and Vajnorská streets and Lake Kuchajda in Bratislava's New Town, the construction of the Lakeside Park 02 office building continues. Work is proceeding according to plan; currently, the tenth above-ground floor of a total of thirteen is under construction.
WOOD & Company has obtained a loan of EUR 229.5m, one of the highest amounts in the domestic real estate market, to refinance the debt of the Aupark shopping centre in Bratislava. The financing will be provided by several European banking groups, all of which have operated historically in Slovakia.
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