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IIG to develop two real estate projects worth some €100 million

Publicat la 04.08.2008, 21:00:00

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IIG to develop two real estate projects worth some €100 million

 “We purchased earler this year two plots of land of some 40 hectares and we plan to develop two industrial parks of 80,000-100,000 square meters each, depending on demand from interested companies,” said IIG General Manager Pavel Nedelcu.

“It is difficult to estimate the value of these two projects, because it depends a lot on the demands we will receive. The investment could amount to some €50 mln for each project,” said Nedelcu. IIG developed some 100 projects in Europe in the past four years.

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