Aberdeen reportedly sells Palac Andel

There’s a bunch of squawking in the local Czech news that Aberdeen Immobilien has sold Palac Andel for something north of €52m as part of a strategy to build up reserves ahead of re-opening a couple of Degi funds. The buyer is reported to be Kallisto Neunundvierzigste Vermögensverwaltungs. We’re going to scrape around for some confirmation and details before saying any more on this one (emails welcome, btw). If memory serves, however, Aberdeen bought it from the local real estate fund Realtia for €57m back in 2008 (see CIJ story).

Advertisements

One response to “Aberdeen reportedly sells Palac Andel

  1. Pingback: Palac Andel update | CIJ Blog

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