Global Finance sells 10 percent of Global City apartments

The real estate development arm of Global Finance will invest EUR 550 million in the Romanian market through Global Emerging Property Fund.
Global Finance Real Estate will develop three projects on the Bucharest market, starting with Global City, a EUR 200 million mix of offices and residential in northern Bucharest, close to the Pipera metro station.
The other two projects in planning are Global Gardens, a residential project near the America School in northern Bucharest, and Global Plaza Floreasca, a mix of offices, residential and supporting retail on the former Automatica site.
Corina Saceanu