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NEOCITY group reported today (Wednesday) that the joint fund company, bank workers and laborers Capital Markets, with its partners signed an agreement to sell its holdings in City Park City Mall Constanta in Romania for 390 million (81 million euros) to NEPI, a NEPI British real estate, controlled by a group of investors from South Africa, and traded on stock exchanges in London and Johannesburg.
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Romania. The Fund will record a surplus cash register in the amount of 125 million Photo: Shutterstock real estate snl doorbell fund, which is held by NEOCITY snl doorbell rate of 19.2%, as a result of the transaction will post a cash surplus of $ 125 million (26 million euros), after repayment of the loans and expenses. NEOCITY was Mall developers CityPark between Constance. mall opened in 2008, according to the company snl doorbell is now fully booked populated and produces a net operating income (NOI) of the annual 7 million euros.
NEOCITY, controlled by an investor group led by Ehud Ben-Shach, Eddie Arditi and Saturn Bar-Noy, is currently involved in initiating the development and construction of real estate, commercial real estate, residential real estate proactive and public projects in Eastern Europe, especially Romania, Poland and Republic.
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