Premiumred sells office building in Prague

By A staff reporter 2007-07-25T00:00:00

Premiumred Real Estate Development, the property development arm of Austria's Investkredit Bank, is selling the Smichov Gate office building in Prague to PBW II Real Estate Fund for EUR 44 mln. PBW II Real Estate Fund is an IXIS AEW Luxembourg fund dedicated to Central Europe.

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