The business park will be developed by Cheuro, a joint venture of the two investors.
A1 Business Park, initially named A1 Industrial Park, was being developed by Cefin Real Estate in eastern Bucharest, close to the Bucharest-Pitesti Highway. It was purchased last year by Teesland, for €70 million.
The two companies later decided to work on the project together.
A1 Business Park will have 80,000 square meters, of which 54,000 sqm will be used for storage facilities. Office space will be built on a further 17,000 sqm and commercial areas will be constructed on the remaining 9,000 sqm. The project is to be finalized in 2009.
The investment fund announced it plans further investments in Romania, independently or in partnership with Cefin. In the following year, Valad announced investments worth €70 mln.
Cefin and Valad in €200 mln partnership
Publicat la 03.03.2008, 22:00:00
Newsletter zilnic money.ro
BET, curs valutar, știrea zilei — în 2 minute, înainte de 7:00.
Articole înrudite
Actualitate
Furnizorii de semnături electronice au depășit 200 de milioane de lei în afaceri, după extinderea obligațiilor fiscale digitale
Actualitate
Cum pregătești casa pentru iarnă fără să cheltuiești o avere
Actualitate
Optimism în vremuri tulburi: antreprenorii reuniți la Business Outlook Brașov mizează pe puterea lui „împreună”
Actualitate
Judecătorii au câștigat în instanță un „supliment de salariu” de aproape 5 miliarde de lei. CCR a respins sesizarea lui Bolojan
Actualitate