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| Azora buys Louvre office building  Azora, the Spanish private equity group, has acquired the Louvre office building in Prague 5, for €10 million.Louvre offers 4,500 m˛ of prime office space and the anchor tenants are VZP and Lukoil. The property was developed and sold by Mayfield, a part of the British Fordgate Group. Louvre is Azora´s first acquisition in the Czech Republic. King Sturge exclusively advised the buyer in this transaction. In buying Louvre, Azora is entering the Czech property market. Louvre is a prime A-class office building in Prague 5 - in Radlická street, an established office location with excellent accessibility to and from the center of Prague. The building is known for its unique design by Chapman Taylor and AG Studio. In the proximity of the office building there is a wide variety of sport and relaxation options for tenants such as a sports complex with a swimming pool and multi-purpose tennis court hall. write your comments about the article :: © 2010 Construction News :: home page |