Czech PPF Real Estate close to buying Crystal Tower for over EUR 40 million

Czech investment fund PPF Real Estate, founded by Petr Kellner, is close to acquiring Crystal Tower, the first Romanian office building equipped with a heliport, for more than EUR 40 million, market sources told BR. Two years ago, PPF Real Estate bought Metropolis Center, a 19,000-sqm building in Bucharest for around EUR 50 million, in its first Romanian real estate market investment. Crystal Tower is a class A office building ...

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