The Luxembourg-based investment management unit of Slovakian developer HB Reavis has bought a portfolio of five commercial assets on behalf of the company’s first fund HBR CE REIF, PropertyEU reports. The company has paid €165 million for the assets.
The assets include two office schemes in Bratislava, City Business Centre I-II and Union Building, as well as the Aupark Piestany shopping mall and two logistics centers. The properties are fully leased on long-term lease contracts.
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