Utilitarian Aviation to sell on small plots EUR 15 million land in Bucharest
The shareholders of the company Aviaţia Utilitară, controlled by the businessman Sorin Avramescu, have approved the selling on parts of a land of 50,000 sq. m in Bucharest for the total amount of minimum EUR 15,65 million, according to an information published to the Bucharest Stock Exchange.
The land is situated on Bucureşti-Ploieşti Road, in Northern Bucharest, near Băneasa Airport.
The exact area to be sold will be determined in negotiations with potential buyers, but the price cannot be lower than EUR 313 /sq. m, according to the shareholders report, and the price will be paid at most one year from the signing of the contract. (source: zf.ro)