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Endurance Fund has concluded the sale of 4D Kodaňská office center

The Endurance Real Estate Fund, managed by Orco Property Group, sold at the end of March 2012 office project 4D Kodaňská Office Center to Daramis Group for the total price of about 20 million Euros.The Project is located in Prague 10 at the intersection of Kodaňská and Kavkazská streets, about 3 kilometers south-east from the commercial and historical centre of Prague. The Project was constructed in the 1970’s, however was externally and internally refurbished between years 2002 and 2007. It offers around 26,000 sq m of net rentable area and is occupied by tenants such as Zdravotní pojišťovna Ministerstva vnitra ČR, Gopas, Elanor, Nikon and many others.

Aleš Vobruba, Board Member of Orco Property Group S.A. (Manager of the...[…]