Immoeast to sell some of its Romanian, Moscow assets

By A staff reporter 2009-09-24T00:00:00

Austrian real estate developer Immoeast is planning to sell part of its EUR 750 mln property portfolio in Romania, CEO Eduard Zehetner told news agency Bloomberg. Zehetner said that the company is 'over-invested in certain countries like Romania' and will seek to reduce dependence on that market.

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