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Allianz RE: acquires first 'office equity' in Prague

(CercleFinance.com) - Allianz Real Estate announced on Thursday that it has acquired offices in Prague from the Austrian property developer S+B Gruppe AG for approximately 110 million euros.


"The two assets, which cover 28,000 sqm in total, are located in the Pankrác office submarket with excellent access to public and private transportation and a good supply of cafes and restaurants," the company said.



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