Prime Capital, REI MAS building 1,000 apartments in Bucharest

Prime Capital, REI MAS building 1,000 apartments in Bucharest

Published at: 2017-09-12 10:57 | Author: CIJ Journal
Prime Capital and the African investment fund MAS REI have acquired a 15,000 sqm plot of land in Bucharest from Trigranit, where they plan to develop residential neighborhood. The price of the deal was not disclosed. The land, located in the city’s Bucurestii Noi district, used to house a former marble factory. Prime Capital and REI MAS already own land in the northern part of the capital, which they bought by the Becali family.

Similar Stories:

Penta wins tender for Prague 6 land
In a public tender held by Prague 6 for a piece of development land, Penta offered a winni  »
Record number of new homes built in Tallinn in April
Tallinn's residential developers have set a new monthly record by placing 407 new apa  »
Prokapital revenues soar in Q1
Prokapital's Q1 revenues rose 121 percent over the first quarter of 2017, jumping fro  »
Sato begins construction on 179 new apartments in Helsinki
The developer Sato has begun construction on a new residential building on Atlantinkatu st  »
It’s part of the bargain struck with the city that helped it win the needed support for   »
The developer Victoria Dom carried out a PLN 20m private bond issue in October, funds that   »
Svoboda & Williams has concluded an agreement with Christie’s International Real Estate   »
“The speed of growth is not so high as it was last year, that’s important for us,” s   »