Dawnay Day sells Romanian assets on cap increase
14 July 2008
British Dawnay Day group plans to increase the capital of Dawnay Day Carpathian real estate division by EUR 7.2 million through profit obtained from the sale of several properties in Romania and Hungary.
The group, specializing in financial services and investments, entered the Romanian market this year, by launching commercial centre projects in Arad, Cluj-Napoca and Baia Mare.
Dawnay Day plans to invest some EUR 900 million in the coming years. The company is listed on the London Stock Exchange and has capitalization worth GBP 140 million (EUR 175 million).
<<< back to Romanian news >>>
International Property News
Latest World News