Bucharest City Mall Auctioned Off For At Least EUR33M
Tuesday, February 22, 2011
Bankrupt City Mall shopping center in Romania’s capital city Bucharest will be put up for sale at the end of March at a starting price of EUR33 million, judicial administrator Casa de Insolventa Transilvania said in a statement Wednesday.In November 2010, Victoria Holdings, a unit of Australia's APN European Retail Trust fund, and the owner of City Mall, entered bankruptcy procedures, and Casa de Insolventa Transilvania was named its judicial administrator.Other auctions might be ...