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Atrium Gets €115M For Prague Mall Buy

Berlin Hyp and Erste Bank are financing Atrium European Real Estate’s acquisition of the Palác Flóra shopping centre.

Berlin Hyp and Erste Bank are financing Atrium European Real Estate’s acquisition of the Palác Flóra shopping centre, PropertyEU reports. The German property lender and the Austrian bank are giving €115 million to Atrium over 10 years.

Atrium paid a total €191 million for the shopping centre in Prague earlier this year. It bought the property from AFI Europe and Avestus Capital Partners.

Click here for the story from PropertyEU.

Click here for additional coverage from MENAFN.

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