The value of real estate assets of the investment fund New Europe Property Investments (Nepi), with activities concentrated especially on real estate market Romďż ˝ nia, increased from 93.7 million euros, to 167.1 million NAP
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Nepi still has money set aside for the purchase of shopping centers in Bacau and Focsani
Argo Real Estate Investment Fund Real Estate announced that the market value of Suceava Shopping City commercial center declined by 12.2% to 66.1 million euros NAP at N sfrşitul fiscal year ended September 2009 and that the mall European Retail Park Sibiu depreciated by 6.1% NAP to 78.1 million euros.
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Suceava Shopping City mall has lost 12% of value
Meridian Land Company, developers of luxury housing complex Verdi Park in Bucharest, called the company's insolvency, the background of default of the loans contracted dobnzilor.
More: Buried in debt, owner luxury complex Verdi Park and asked insolvency