Sponsored Content
Immofinanz: Ownership Problems in Romania
Politics ♦
Published: April 17, 2014; 11:56 ♦ (Vindobona)

Sponsored Content
According to a court decision Immofinanz has took over not legitimately acquired property in Transsylvania.

During the booming years in the real estate sector, before the outbreak of the financial crisis, Immoeast, the Romanian affiliate of Austrian real estate company Immofinance, purchased a shopping center, which, according to a court decision, was not built on legitimately acquired property. The property and so-called “Polus Center”, at the suburbs of Cluj-Napoca in Transsylvania, was…
or Log In
Sponsored Content
Fast News Search
Sponsored Content
ISIN