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Croatia's Fortenova puts up for sale 76% stake in Cibona Tower

Author Annie Tsoneva
Croatia's Fortenova puts up for sale 76% stake in Cibona Tower Author: Agrokor. License: All rights reserved.

ZAGREB (Croatia), October 18 (SeeNews) - Croatia's Fortenova, the successor to the collapsed food-to-retail concern Agrokor, said it is offering for sale its 76.03% ownership stake in Cibona Tower, one of the most recognizable office buildings in Zagreb, as part of its strategy to disinvest non-core businesses and real estate.

The management of the sale of this asset is entrusted to Colliers, global commercial real estate consultants, Fortenova said in a statement on Friday.

Fortenowa owns 16 of the 22 storeys of the building, in which it has 5,905 square metres of office space. With parking space added, it owns a total area of 6,718 square metres.

Cibona Tower was the headquarters building of Agrokor.

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