"In terms of volume, this transaction ranks among the largest transactions concluded on the commercial property financing market in the Czech Republic last year. Thus, we are continuing in the long-term strategy to purchase and administer the PASSERINVEST Group's real estate portfolio," stated Radim Passer, the founder and General Director of PASSERINVEST GROUP, a.s.

Over the course of its more than 25 years of operations on the local real estate market, the PASSERINVEST Group has shown that it stands on a firm foundation. In recent years it has expanded considerably and from a developer's standpoint it has also become an investment company.

For more information and photographs in print quality please contact:

Kristýna Samková, Head of PR and Marketing dept.
PASSERINVEST GROUP, a.s.
Tel.: (+420) 221 582 111
Mobil: (+420) 602 186 708
E-mail: Kristyna.Samkova@Passerinvest.cz
www.passerinvest.cz, www.bbcentrum.cz

Marcela Štefcová
Crest Communications a.s.
Mobil: (+420) 731 613 669
E-mail: marcela.stefcova@crestcom.cz

About the Developer

PASSERINVEST GROUP, a.s., founded in 1991 by Radim Passer, is a purely Czech development and investment company whose name is associated in particular with the BB Centrum multifunctional complex in Prague 4 - Michle. With this project, the most successful and extensive Czech project of its type, the company has built its excellent reputation both at home and at the international level. Contributing to this is not only the high quality of the projects completed to date, but also its high level of service, its sense of fair play, its positive relationship with the tenants and users of its buildings, and its sense of responsibility towards society and the environment. PASSERINVEST GROUP'sportfolio includes other interesting development projects.