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14 February 2012
Stockholm
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22 February 2012
London
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03-04 May 2012
Vienna, Austria
Ireland's Blackpearl mall developer to boost Romania land portfolio to 400ha
Irish commercial and residential developer Blackpearl, which recently acquired the Romanian 109,000 sq.m. shopping centre project Zenith in Ploiesti, north of Bucharest, is acquiring plots of land nationally which could raise its portfolio to 400ha. This would bring Blackpearl into direct competition with investors such as TriGranit, Baneasa Investments, and Tiriac Imobiliare. Blackpearl's Michael de Laufenburg told the Business Standard portal it has shareholders funds, noting other investors are offering land at 30% discounts.