Immoeast completes biggest investment in Czech Republic

Immofinanz's subsidiary Immoeast has acquired an office portfolio in Prague for EUR 160 mln. The portfolio includes three properties in the BB Centrum office park providing a total lettable space of 73,700 m[sup]2[/sup]. BB Centrum is considered one of the most important office locations in the capital of the Czech Republic, the company indicated in a press release. All three assets are fully let to renowned tenants including Eurotel, GE Money Bank, 3M and Hewlett Packard.

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