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Prime Income Asset Management
Prime Income Asset Management and Port Olpenitz GmbH Hold Cornerstone Ceremony
November 7th, 2009
Prime Income Asset Management and Port Olpenitz GmbH recently held its Cornerstone Ceremony to celebrate the beginning of construction on Port Olpenitz, the largest holiday resort in Northern Europe. Port Olpenitz is a 425-acre holiday resort located in the northeastern section of Schleswig-Holstein, Germany and is being developed on land that is the site of the former Olpenitz naval base between the mouth of the River Schlei and the Baltic Sea. Port Olpenitz is a joint venture between HarmInvest GmbH, Berlin, and American Realty Investors, Inc. (NYSE: ARL), an affiliate of Prime Income Asset Management. Among those in attendance were Schleswig-Holstein's State Governor,...
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Source: VerticalNews (2009-11-07)
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