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Article: Prague-based real estate fund CS nemovitostni buys Aggmore Czech's properties for EUR 34.5 mln.
- Article from:
- Czech Business News
- Article date:
- December 12, 2007
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Prague-based real estate fund CS nemovitostni buys Aggmore Czech's properties for EUR 34.5 mln
PRAGUE. DECEMBER 12. INTERFAX CENTRAL EUROPE - CS nemovitostni fond, the first Czech-based real estate fund for small investors, acquired Aggmore Czech for EUR 34.5 mln, thus raising the total value of the fund's portfolio to CZK 1.7 bln, representatives of the fund's manager REICO told journalists Wednesday.
"We gained the portfolio of four buildings through the acquisition of Aggmore Czech, the company which previously owned these properties," REICO investment director Martin Skalicky told Interfax on the sidelines of the news conference. "The transaction ...