Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

    Print Print 

Zeitgeist Asset Management buys apartment house in Prague

Zeitgeist Asset Management has acquired yet another apartment house for a German individual pension scheme fund, administered by Institutional Investment Partners. The property is located in the Mlynářská Street, in Prague’s historical centrum. The medieval St. Peter’s church from 12th century, after which the former name of the entire city district Petrská derived, is placed in its direct vicinity. The six-storeyed building encompasses 12 apartments and 4 business premises, used by Immunology-Centre. The apartments are completely rented out.Peter Noack, co-owner of the Zeitgeist Asset Management, said: „This transaction is already the second acquisition on Prague’s house rental marketplace within the past six months; more yet a...[…]