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Czech billionaire Radovan Vitek may step up property investments this year

Posted on 20 June 2011

Czech billionaire Radovan Vitek, the biggest buyer of offices and retail buildings in the country last year, said his investment company may spend more on real estate in 2011 as competition for assets increases.
Vitek’s Czech Property Investments AS purchased 14 Czech properties for a total of 10 billion koruna ($580 million) in 2010. That was about 45 percent of the value of all the buildings that were bought and sold……………………………………….Full Article: Source


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