CITY MALL
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Bancpost Funds City Mall Transformation Into Offices
Bancpost is set to fund, by around EUR17 million, the transformation of City Mall shopping center into an office building, according to the report by Globalworth investment fund controlled by Greek businessman Ioannis Papalekas, owner of the building.
Bucharest City Mall To Be Turned Into Office Building
Shopping center City Mall in Bucharest will be turned into an office building by the end of the year.
CBRE: Bucharest’s City Mall May Be Turned Into Hospital
Bucharest shopping center City Mall, owned by businessman Ioannis Papalekas, could be turned into a hospital, according to representatives of real estate consultancy firm CBRE Romania.
"Junk" Malls Sell At 80% To 90% Discounts
The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prov...
City Mall Sale Price Is A Reference For Losses Banks Will Incur From Distressed Assets, Analysts Say
Consultants and appraisers believe the EUR17.3 million price that the shopping center City Mall in Bucharest will be sold for is a reference for the discount banks will have to take in order...
Former Owner Buys Back Bankrupt City Mall For EUR17.3 Million
Shopping center City Mall in southern Bucharest, which went bankrupt in November 2010, has found a buyer for EUR17.3 million.
City Mall Liquidator Optimistic About Successful Sale By Year-end
Transilvania Insolvency House, the designated liquidator of Bucharest shopping center City Mall, is confident it will find a buyer for the troubled company by year-end, after several investo...
Liquidator Starts Direct Negotiations For Bucharest City Mall Sale
The creditors of bankrupt Bucharest shopping center City Mall approved the start of direct negotiations for the mall’s sale, evaluated at some EUR21 million, Thursday said the unit’s liquida...
Liquidators To Sell Bucharest City Mall Through Direct Negotiation
Bankrupt Bucharest shopping center City Mall failed to draw bidders in the fifth auction, set for June 30, thus the liquidator, Casa de Insolventa Transilvania, will sell the unit through di...