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| Hypo Real Estate Bank International AG completes financing Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, announced that it has agreed to provide acquisition financing facilities for a total amount of € 141.5 million to Accession Fund SICAV to finance the acquisition of the Praha City Center, a prime office building in Prague, Czech Republic, as well as of the Park Atrium and the first phase of the Nepliget Center, two prime office buildings in Budapest, Hungary. Praha City Center is a 7 storey multi-tenanted office building with approx. 18,700 sqm of rentable office space in Prague 1; Park Atrium is an office building with approx. 25,900 sqm net rentable area in Budapest VI. and Nepliget Center is an office park which will ultimately consist of 3 office buildings with a total of approx. 25,800 sqm net rentable area in Budapest IX. write your comments about the article :: © 2008 Construction News :: home page |