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).


One response to “Aberdeen reportedly sells Palac Andel

  1. Pingback: Palac Andel update | CIJ Blog

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