ADAMA
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Adama Founder David Flusberg Gets EUR0.67M Severance
The former president and founder of realty developer Adama, David Flusberg, received EUR675,000 upon his departure from the company’s helm, after the company was taken over by Austrian Immof...
Immofinanz Completes Acquisition Of Residential Property Developer Adama
Austrian property investor Immofinanz Wednesday said it has completed the acquisition of the remaining 69.22% stake in realty developer Adama, in a deal worth EUR42.43 million.
Immofinanz Gives A Behind-The-Scenes Look Into The Adama Deal
Buying a company that holds plots for the construction of 10,000 apartments in Romania does not seem the best decision when the market is still frozen. However, when the price paid is a quar...
Adama Completes Phase One Of Residential Project in Brasov
Realty developer Adama on Wednesday said it has completed phase one of an apartment complex in central Romanian city Brasov, with an investment of EUR14 million.
Immofinanz Acquires Full Control Over Residential Property Developer Adama
Austrian property investor Immofinanz Thursday said it has acquired full control over realty developer Adama, after purchasing the remaining 69.22% stake for EUR42.43 million.