Magnat invests EUR 40m in Bucharest project

By A staff reporter 2007-06-14T00:00:00

Magnat Real Estate Opportunities intends to develop 400 apartments on a 7,000 m[sup]2[/sup] plot of land in the Vacaresti district of Bucharest. The site was purchased through a local company in which Magnat holds a 75% interest. The total investment volume for the project will be EUR 40 mln.

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