Published at: 2019-04-16 12:21 | Author: Robert McLean
The property company PSN is looking for new acquisition after selling off a 350,000 sqm plot in Prague - Zličin to Central Group
PSN has sold 350,000 sqm of land to the dominant Czech residential developer Central Group. The land belonged to Siemens until 2010, when it was sold at auction to PSN for an undisclosed price. The price tag for this most recent transaction for the same plot has again been kept under wraps, though media speculation puts it in the neighborhood of CZK 2bn. PSN’s CEO Max Skala says his company bought the land at a time when Siemens, which had been building trains in a 100,000 sqm production hall on...

Similar Stories:

Chateau Žinkovy: Romantic Estate To Be Featured in Christie’s International Real Estate Portfolio
The Svoboda & Williams real estate agency has been exclusively appointed to broker the  »
Echo Investment starts developing Osiedle Stacja 3.0
Echo Investment broke ground on Osiedle Stacja 3.0 on Mińska Street in Wroclaw. The resid  »
Prime Kapital secures building for new resi project in Bucharest
Prime Kapital has secured a building permit for a new residential projects in northern Buc  »
Czech mortgage rates not finished falling
The Czech economy may be slowing, but the country's banks continue to fight each othe  »
Where do you see your company going over the next two years? Since I became GM of the co   »
Construction has begun on Bispevika, a brownfield project along Oslo’s waterfront that   »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »