Invesco Real Estate, the international property investment manager, has purchased the Futurama business park in Prague's Karlin district. Although the financial details were not disclosed, the deal is believed to be worth some EUR 50 mln reflecting a gross initial yield of 6.9%. Invesco said the transaction was made on behalf of the iii-BVK Europa-Immobilien-Spezialfonds, an institutional Pan-European core real estate fund of Bayerische Versorgungskammer (BVK).
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