Carpathian's sale of Czech shopping centre generates 63.75% IRR

By A staff reporter 2009-01-13T00:00:00

Carpathian has announced that it realised an overall pre-tax profit of £11.2 mln (EUR 12.5 mln) on the sale of the Varyada Shopping Centre in the northwest of Prague at the end of 2008. The shopping centre was bought by Invesco Beteiligungsverwaltungs for £46.7 mln (EUR 52 mln).

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