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Next Issue Monday
13 September 2010
Featured Events
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27-29 September 2010
London, UK
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25-26 October
London, UK
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17-18-19 November 2010
Cannes, France
Czech Sekyra sells stake in e375m joint venture with ING Real Estate
Czech real estate development and investment company Sekeyra has sold its minority share in a e375m mixed brownfield redevelopment JV with ING Real Estate in the western Czech city of Olomouc. ING said the 200,000 sq.m. project to redevelop an abandoned industrial area in the centre of Olomouc into a modern neighbourhood with flats, offices and retail is proceeding according to plan. It is currently preparing an architectural tender and demolishing the old buildings, while environmental impact assessments are underway.