Degi, part of Aberdeen Property Investors, has completed its second investment in Prague with the purchase of the fully let mixed-use complex Andel Palace in Prague. The purchase price amounts to around EUR 57mln. The property will be added to the Degi International open-ended property fund. The seller, which was advised by Jones Lang LaSalle Capital Markets, is a partnership backed by Quinlan Private of Dublin. Degi was advised by DTZ Prague.
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