Generali Adriatic Value Fund sells two properties in Slovenia

Generali Adriatic Value Fund, the first regulated real estate alternative investment fund (AIF) in Slovenia, managed by Generali Investments and advised by Peakside Capital, has completed the sale of two properties: the southern part of the Stekleni Dvor building at Dunajska cesta in Ljubljana and the Tivoli Center office building at Bleiweisova cesta in Ljubljana.

The Stekleni dvor complex is located in a prime location near the Ljubljana ring road. It consists of two separate office buildings connected by a shared underground garage. The southern tower features a three-level underground parking area, a ground floor, mezzanine floors, and eight additional floors, totalling 8,700 sqm of rentable space.

The Tivoli Center office building is situated in the heart of Ljubljana, offering approximately 7,700 sqm of gross leasable area (GLA) across two interconnected buildings.

The buyer of both properties is Agromarket Logistic d.o.o., based in Kragujevac, Serbia.

These transactions represent the second and third property sales for the Generali Adriatic Value Fund. Managed by Generali Investments in cooperation with the international real estate private equity firm Peakside Capital. The fund’s investment objective is to deliver returns to investors through rental income and capital appreciation by investing in commercial real estate.

Following successful management, the fund is now in its final phase, focused on asset divestment and the realization of investor returns in line with its original strategy.