Fabian Properties, 40% Rise In Value

The market value of seven of the nine properties held by Britain's Fabian Romania Limited investment fund has increased by 38% against the original purchase prices (the takeover deals were sealed during the November 2005-June 2007 period). The seven properties involved initial investments worth 65.5m euros on the part of Fabian, with the market value in late June being put at 90.4m euros. More

Raiffeisen Evolution Develops Over 20m-euro Projects

Ionel Giuglea and Monica Barcutean, the new heads of Raiffeisen Evolution's operations in Romania, say the Austrian group is set to invest in the development of some projects with a sale value of at least 20 million euros, and funds for Romania are unlimited. More

British Fund EEPF Has 20m Euros For Three Acquisitions

Real estate investment fund Eastern European Property Fund (EEPF), listed on the AIM market of the London Stock Exchange, intends to acquire three real estate properties in the Capital by the end of this year, with a total value of up to 20 million euros. More

Eurobank Properties To Buy 99.99 Pct Of Romanian Eliade Tower For 26.25 Mln Eur

Greek Eurobank Properties REIC has agreed to purchase 99.99 pct of the shares of Romanian joint stock company Eliade Tower SA for 26.25 mln eur, said the company in an official release to the Athens Stock Exchange. More

Belgian Property Firms Liebrecht & Wood, BelRom In EUR 620 Mlnprojects In Romania

The two most important Belgian real-estate development companies on the Romanian market, Liebrecht & Wood and BelRom, are involved in a total of EUR 620 mln property projects in Romania, national daily Ziarul Financiar reported Thursday. More

British Fund EEPF Has 20m Euros For Three Acquisitions

Real estate investment fund Eastern European Property Fund (EEPF), listed on the AIM market of the London Stock Exchange, intends to acquire three real estate properties in the Capital by the end of this year, with a total value of up to 20 million euros. More

Eurobank Properties To Buy 99.99 Pct Of Romanian Eliade Tower For 26.25 Mln Eur

Greek Eurobank Properties REIC has agreed to purchase 99.99 pct of the shares of Romanian joint stock company Eliade Tower SA for 26.25 mln eur, said the company in an official release to the Athens Stock Exchange. More

Belgian Property Firms Liebrecht & Wood, BelRom In EUR 620 Mlnprojects In Romania

The two most important Belgian real-estate development companies on the Romanian market, Liebrecht & Wood and BelRom, are involved in a total of EUR 620 mln property projects in Romania, national daily Ziarul Financiar reported Thursday. More