Cascade builds second project in Romania with EUR 60 million

Newsroom 19/09/2007 | 16:20

Works at the 18,000-sqm building, to be called Euro Tower, started in August and should end in a year and a half. The company, owned by Dutch investment fund East & Central European Venture Capital, will finance the investment through a bank loan from Banca Romaneasca and Piraeus Bank.
Euro Tower is the second project developed by Cascade Group in Romania. Its first project, Cascade Offices in the Victoria Square area of Bucharest, was completed in 2005, after a EUR 12 million investment. The 5,000-sqm building went to British investment fund Fabian, which acquired it in 2006.
The developer is planning to start a residential and commercial project in the Eastern part of Bucharest in the near future. Cascade Group is headed by businessman Alex van Bremen.

Corina Saceanu

BR Magazine | Latest Issue

Download PDF or read online: July 2023 Issue | Business Review Magazine

The July 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “At a Crossroads: Budget Deficit Endangering Romania’s Economic
Newsroom | 31/07/2023 | 14:14

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of

    I agree with the storage and handling of my data by

    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue