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Post by radovic on Nov 19, 2007 15:30:11 GMT -5
EUR 2.4 bln. expected to be invested in 2008 in the Romanian real estate market
EMonline
70% of the investments will target development of shopping areas, 20% residential areas and 10% will target industrial zones.
At least 14 international companies have announced investments worth EUR 2.4 bln. for 2008, in the Romanian real estate market, being expected that residential and commercial projects will particularly be developed, according to those declared by the manager of the company More International Invest, Ilias Papageorgiadis, according to Realitatea TV.
From among the cities targeted by investors there are, apart from the capital, Constanta, Iasi, Brasov, Sibiu, Oradea, Arad, Cluj and Timisoara. (Athens Reporter)
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Post by superman on Nov 20, 2007 1:36:34 GMT -5
that is huge amount of money!!
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