Generali Real Estate acquisisce per 70 mn l’ office building di IBC-International Business Center a Praga

Generali Real Estate’s Core+ Fund has acquired the IBC office building in Prague’s

Karlín neighbourhood from local investor Mint Investments for EUR 70.2 million .

Built in 1993, International Business Center consists of ca. 23,800 square

metres of lettable area and 299 parking spaces.

The building has nine above-ground floors and two underground floors.

The project has three buildings surrounding a quiet atrium full of lush greenery. It offers flexible offices ranging in size from 50 m2 to 1,500 m2 across one floor.
IBC is located next to a Hilton Hotel.

The IBC building was designed to offer tenants a superb work environment, first-class services available on-site in the building and surrounding areas and great accessibility by public or individual transport.

Mint Investments, a Central European real estate investment and asset manager, acquired the building on behalf of a syndicate of private investors from AEW Europe in