First Retail International Buys 50% of InterCora’s Romanian Retail Portfolio

First Retail International (FRI), the retail property business of Belgian investment group Mitiska Ventures, has acquired half of the Romanian retail portfolio of German real estate investor and developer InterCora Group for an undisclosed amount. The group’s Romania-based property portfolio includes 8 operational retail parks, each in a different Romanian city, amounting to about 32,000

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Argo Real Estate Opportunities Fund Adds Two Properties

In market news from Eastern Europe, commercial property investment company Argo Real Estate Opportunities Fund will acquire two shopping parks in Romania. According to a report from StockMarketWire.com, the ERA Shopping Park in Oradea, and the ERA Shopping Park in Iasi, will come under the Argo umbrella.

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