LONDON (Thomson Financial) - Ablon Group Limited said it has bought a
133,264 square meter plot near Bucharest's Henri Coanda International Airport
for development into offices and high tech facilities.
The real estate developer focused on central and eastern Europe said the
development, known as Airport City, will cost around 280 million euros, with
construction starting within two years.
Building will be in five phases to be completed within six years. The site
is 500 meters from the Romanian capital's international airport and easily
accessible by train and car.
tf.TFN-Europe_newsdesk@thomson.com
jrr
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|