Ceska typografie sold

For what seems like forever now, Austrian developer Plan & Bau (S+B CEE Beteiligungsverwaltung to be exact) has been trying to turn its purchase of the Ceska typografie building in Prague 1 into a viable project. Not any more. Penta Investments has just announced that it has purchased the old printing building, which it describes as 25,000 sqm of office and 45,000 sqm of storage. It says it will first work on getting planning permission (it’s amazing that this wasn’t in place yet) and then begin a phased construction in 2012 in an investment it expects to cost it €200m.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s