Serbia CA Immo sells Belgrade Office Park
Investment & financeschedule 05 June 2023
Belgrade Office Park has a BREEAM sustainability certification
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CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space.
The building, which is located close to the city centre, was 97 pct let as of April 30, 2023, with annualized gross rental income of around EUR 4.4 mln. CBRE acted as exclusive financial and real estate advisor, CMS as legal advisor to CA Immo in this sale process.
With this sale, we are reducing our exposure to the non-core market of Belgrade and rotating our portfolio exposure to high-quality, modern office properties in our core markets.Keegan Viscius, CIO of CA Immo
CA Immo pursues a d
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