Property in Romania

Erste’s real estate arm has 500 million euros for Romania

Sparkassen Immobilien yesterday launched the first mall in Southern Bucharest, Sun Plaza, an investment worth a total of 150 million euros.
Sparkassen Immobilien, the real estate investment division of Erste Bank, has a 500 million-euro investment budget to develop projects that mainly target Bucharest, as well as other cities in the country on the shopping centre segment.

Date posted: September 3, 2006