AFI Europe is to acquire 10 real estate projects in Europe from Israel-based BSR Europe for EUR 140 mln. The investment company will buy the seller's entire stake in the projects, which are in Poland, Latvia, Slovakia, Hungary, Bulgaria and Cyprus, news agency Reuters has reported.
AFI Europe is to acquire 10 real estate projects in Europe from Israel-based BSR Europe for EUR 140 mln. The investment company will buy the seller's entire stake in the projects, which are in Poland, Latvia, Slovakia, Hungary, Bulgaria and Cyprus, news agency Reuters has reported.
AFI Europe is a financial vehicle of the international holding and investment company AFI, controlled by billionaire Lev Leviev. It has interests in real estate, energy, hotels, fashion and infrastructure. In late 2005, the group said it planned to invest in the Vitosha Gardens residential project in Sofia.
