The Euro and Astra Palaces in Prague have changed owners, the price was 1.1 billion.

Prague - Palace Euro and Palace Astra on Wenceslas Square in Prague have changed owners. They were purchased from the Irish group Avestus Capital Partners by the Mint Investments group for 40 million euros (approximately 1.1 billion CZK). The Mint Group announced this in a press release today. The company acquired the properties as a long-term investment for its private investors.
    The buildings, which are located at the intersection of Wenceslas Square, Na Příkopě Street, and October 28, mainly consist of office spaces, with shops on the ground floor. Together, both palaces offer over 6000 m² of commercial space.
    Palace Euro, completed in 2002, previously received the title of best building in the new construction category in the Czech Republic. The jury appreciated how the building sensitively integrated into Prague's architecture and the way the architects connected it to the opposite Palace Koruna.
    Palace Astra, originally called Lindt's House, is the first functionalist building constructed between 1925-27 in Prague based on the design by architect Ludvík Kysela for factory owner August Lindt. In 2011, the palace was completely renovated.
    The Mint Investments group was established in 2002 and operates in the field of real estate investments and the establishment and management of real estate private equity funds in Central Europe. With more than 500 million euros managed in seven closed funds, it invests and manages assets of European and North American institutional investors and large Central European private investors. The group has business locations in Prague, Bratislava, Plzeň, Opava, Olomouc, Most, and Trenčín.