PropertyEU

Pramerica shops in Prague

By A staff reporter 2007-03-01T00:00:00

FHA Czech, a subsidiary of US investment fund Pramerica Financial, has acquired the office and retail section of the A7 Arena Holesovice project in Prague from ING Real Estate Development. The transaction value comes to about EUR 37 mln, providing a yield of about 6.6%.

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