Morgan Stanley, the US investor that bought the America House office building in Piata Victoriei of Bucharest together with David Hay, the former CEO of AFI Europe, in 2019, might be considering sale thereof for some EUR100 million, real estate market data show.
Real estate developer Redport and businessman Dan Sucu, the founder of Mobexpert furniture business, are launching a 500-apartment residential project, Vitality Est, a EUR50 million investment near the Pantelimon Park and Lake.
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, held by the Stanciu family, ended 2024 with a turnover of RON317 million (EUR63.7 million), up 22% against 2023.