The buyer is O1 Group Limited, a company registered in Cyprus, which owns a major share in O1 Properties, one of the largest office owners in downtown Moscow.
The completion of UniCredit’s participation by O1 Group is expected in November 2014.
Colliers International has advised O1 Groupin the acquisition.
Stanislav Bibik, executive director, head of capital markets department within Colliers International Russia has declared that in the advising of this investment were involved the company’s team from ten countries, the deal targeting a portfolio of approx. EUR 4 billion.
At the same time, O1 informed CA Immo about its intentions to launch directly or through one of the affiliate companies, a takeover offer towards the other shareholders of CA Immo.
The price per share will be equal to the price paid for UniCredit shares, EUR 18.5 per common share.
CA Immobilien has recently announced it was in final negotiations with a sole buyer for the sale of a logistics portfolio of approx. 460,000 sq. m rentable area.
The transaction includes a logistics projet in Romania, two assets in Poland, a land and a small plot in Serbia.
The assets are owned through a joint-venture between CA Immo and the EBRD. In Romania, CA Immo owns Europolis Logistic Park with a rentable area of 214,000 sq. m and tenants such as Carrefour, Altex or eMag, and CA Immo became the owner of the asset following the acquisition of another Austrian group, Europolis, which involved even since 2004 in the development of the logistics park started by the Italian group Cefin. (source: wall-street.ro)