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Palmer Capital refinanced three real estate funds

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Palmer Capital refinanced three real estate funds with assets totalling over EUR 100m in 2014. Last year the company acquired an industrial building in Kopřivnice for a private client and leased it back to Bang & Olufsen. The company has also sold three properties in Brno, Bratislava and Košice to local investor and completed its first residential project. Palmer Capital’s executive director Ben Maudling has stated in an interview for ČIANEWS that the most successful project in 2014 was the residential project on Drahobejlova street in Prague 9, where 82 of totally 86 apartments have been sold so far.

Source: www.cianews.cz

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