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Kulczyk-Silverstein fund targets Polish and Czech real estate

Posted on 11 September 2012

Poland’s richest man Jan Kulczyk and New York real estate mogul Larry Silverstein have launched a fund that plans to invest up to 1.5 billion euros ($1.9 billion) in Central and Eastern European commercial property.
While the region’s real estate markets were hit hard by the second wave of the financial crisis and transaction volumes slumped by about 40 percent in the first half of 2012, Poland and the Czech Republic have remained relatively resilient………………………………………..Full Article: Source


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