PropertyEU

Immofinanz invests in Romanian mall

By A staff reporter 2007-03-15T00:00:00

Austrian property company Immoeast, a unit of Immofinanz, has acquired a shopping centre project in Costanta, Romania for an investment of EUR 185 mln. Construction of the 90,000-m[sup]2[/sup] space will begin in the summer of 2007, with completion expected in the autumn of 2008. The transaction is ...

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