Evergent Investments has acquired land in the northern of Bucharest

Evergent Investments bought through Țesătoriile Reunite S.A. a plot of land with an area of 16,000 sqm in the northern part of Bucharest, in Sector 1, near Herastrau Park.

“We are developing the private-equity portfolio by continuing to invest in real estate. The land at Intrarea Străulești is in an area that promises to be a new premium financial and residential hub in Bucharest. We are constantly looking for new sources of growth and investment opportunities, and a future residential project in the north of the Capital will generate significant long-term profit, with an attractive return / risk ratio for our shareholders ", said Cătălin Iancu, Deputy General Manager at Evergent Investments.