Poland’s property developer will invest 42 million in Zagreb
06 Mar 2007
Globe Trade Centre SA, Poland’s largest property developer by market value, will invest 42 million euros ($55 million) in office and commercial buildings in Zagreb.
The company bought a 12,000 square-meter plot in the Croatian capital and will hire Slavonska Avenija d.d. to put up the buildings, which will have a total rentable space of 18,500 square meters, the company said in an e-mailed statement. Globe Trade didn’t provide the timeframe for the investment. “We want to benefit from its booming real estate market by developing projects in all three segments, office, retail and residential,” Hagai Harel, a member of GTC’s management board, said in the statement. (Bloomberg)
http://www.bbj.hu/main/news_23648_globe+trade+to+invest+%25E2%2582%25AC42+mln+in+real+estate+in+croatia.html
Formated for CROWN by Marko Puljiae
Distributed by www.Croatia.org This message is intended for Croatian Associations / Institutions and their Friends in Croatia and in the World. The opinions / articles expressed on this list do not reflect personal opinions of the moderator. If the reader of this message is not the intended recipient, please delete or destroy all copies of this communication and please, let us know! Or simply…enjoy and spread the word and good vibrations.