Sale of a building in Prague 4 is a transaction of the year

Sale of a building in Prague 4 is a transaction of the year

The owner of very high City Tower office building in the Czech Republic has been changed. Company "Marpona" sold skyscraper to company "Konsideratio." Both companies belong to the category "investment group" and deal with buying and selling real estate for the purpose of further renting out.

Office building City Tower is located in Prague 4, near the metro station "Pankratz". This real estate object is recognized as the highest in the Czech Republic and has 27 floors and 109 meters height.

According to real estate experts, the purchase and sale of the object will be recognized as transaction of the year on the real estate market in Czech Republic in 2012. In 2009, company "Marpona" bought this office building for 130 000 000 euros. Now, the cost of transaction is not disclosed.

 

Source: http://ptel.cz/2012/08/prodazha-zdaniya-v-rajone-pankrac-priznana-sdelkoj-goda/