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Shapir Group to invest €250 mln in real estate projects

Publicat la 20.08.2008, 10:59:00

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Shapir Group to invest €250 mln in real estate projects
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The Bucharest project, in the northern Pipera area, will include 1,600 apartments and 90,000 square meters of retail and parking spaces. The investment in this project will amount to €200 million. Financing will be in the form of a bank loan. The land for this project was acquired by the company last year.

Shapir Group officials said they were granted building permits for the entire project.

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