PropertyEU

New Europe acquires Romanian portfolio for EUR 46m

By A staff reporter 2008-02-11T00:00:00

AIM-listed Central and Eastern European property investor New Europe Property Investments (NEPI) has acquired a portfolio of 18 properties located throughout Romania through the purchase of two companies, General Investment and General Building Management. The total estimated cost of the transaction was EUR 46.3 mln although the final purchase price ...

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