Immofinanz selling Ventilatorul factory land in Bucharest

Immofinanz selling Ventilatorul factory land in Bucharest

Published at: 2017-09-07 11:24 | Author: CIJ Journal
Immofinanz is selling the land that used to house the former Ventilatorul factory in Bucharest, according to economica.net. The land covers 53,000 sqm, and Immofinanz is hoping to sell it for about €30m. The developer is currently focusing on retail and office and has decided to offload assets that are not part of these sectors. The Ventilatorul land can accommodate nine, 11-story residential blocks or an office building.

Similar Stories:

Land prices Budapest highest in country
Land prices in Budapest are among the highest in the country, averaging between HUF 360,00  »
One United buys an 8.2 ha land on the shore of Lake Plumbuita
One United has acquired 8.2 ha along the shore of Lake Plumbuita in Bucharest in a deal wo  »
London Partners acquires 28,700 sqm plot at Expozitiei area
London Partners, the real estate developer of Soho Unirii, has bought a 28,700 sqm plot of  »
Speedwell buys land in Timisoara
The developer Speedwell currently has two projects under construction: Triama Residence in  »
With Mysłowice being neither the most populous or biggest cities in the Katowice urban ar   »
At a regional level, Central Europe reported the most significant annualized growth of 20.   »
Last year, in Bucharest, 45 hectares of land plots suitable for commercial developments we   »
Over the summer, you acquired a business park in Kraków that included development land. B   »