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Article: Czech REICO's real estate fund set to acquire five domestic properties worth up to CZK 2.5 bln.
- Article from:
- Czech Business News
- Article date:
- October 4, 2007
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Czech REICO's real estate fund set to acquire five domestic properties worth up to CZK 2.5 bln
PRAGUE. OCTOBER 4. INTERFAX CENTRAL EUROPE - CS nemovitostni fond, currently the only Czech Republic-based real estate fund for small investors, expects to add to its portfolio this year at least five properties now in the pipeline, a fund manager told Interfax on Thursday.
"We hope to acquire by the end of the year five properties in the Czech Republic in the value of CZK 2-2.5 bln," Martin Skalicky, investment director of REICO investicni spolecnost Ceske sporitelny, which manages the fund, told Interfax on the sidelines of the Real Estate Market Autumn 2007 ...