NEPI acquires Promenada Mall for EUR 148 million
Tuesday, November 4, 2014
South-African investment fund New Europe Property Investment (NEPI) paid EUR 148 million for the Promenada Mall in Bucharest to Raiffeisen evolution, which invested EUR 130 million in the project. The group paid cash from its own funds, writes Mediafax. New Europe Property Investments (NEPI) started a due diligence process for the acquisition of Raiffeisen Evolution’s Promenada mall in Bucharesy in ...