New Property Investments, a property investor focused on Central and Eastern Europe, has announced its first investments since it raised EUR 25 mln in an IPO on the junior AIM market of London Stock Exchange in August. The company acquired four properties in Romania for a total of almost EUR 12 mln. Three agreements in regard to residential properties in Bucharest, Bacau and Iasi have been confirmed, while the fourth, off the Bucharest-Brasov highway, is still subject to legal and technical approval.
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