„Romania is a market which is not liquid enough in order to ensure a profitable and safe exit, such as Poland. It is a paradox, as Romania benefits from a bigger economic growth, but considering the real estate markets, Poland is more attractive. IT is not a direct relation between the macro-economic numbers and the real estate situation“, Macarie says.
TriGranit Development currently owns in Romania several plots, including a plot of 14,000 sq. m in Bucureştii Noi neighbourhood and 24 ha in Braşov.
TriGranit has developed on the local market the commercial centre Polus in Cluj, sold to the Austrian investment fund Immofinanz for more than EUR 200 million. (source: zf.ro)