Property in Romania

Engel to spend 80m euros on real estate project in Romania

Israeli group Engel will invest 80 million euros in a Romanian real estate project that will consist in 500 apartments and retail space in Constanta, according to Citigate Dewe Rogerson.

Engel East Europe will build apartments with a cumulated surface area of 50,000 square metres, and the parent company, Engel Europe, will build a 10,000 square metre shopping centre.

Date posted: August 3, 2006