Immoeast takes full hold of Craiova mall
May 2010 - From the Print Edition
CRAIOVA Austrian equity fund Immoeast has bought the ten per cent participation of fellow Austrian real estate developer Trio Holding in West Gate mall in Craiova.
Immoeast paid five million Euro for the shares and is now the only owner of the 100 million Euro mall, according to Ziarul Financiar.
Trio Holding will remain the project manager of the mall. West Gate mall covers 63,000 sqm, includes a cinema with more than 1,000 seats, a casino, a fitness centre and a food court. The mall is due to open this year.