Railway board examines Prague massive real estate deal

The supervisory board of Czech state owned passenger rail operator Český Drahy will discuss Wednesday the sale of a plum Prague real estate site. A controversial bid by the Czech-Slovak group Penta has been made for around 15000 square metres of land at Prague’s Masaryk station for around 400 million crowns. Penta has ambitions to build a high rise business district at the site.