MAS capitalises on Cold War's unhappy housing legacy
Romanians in their numbers are looking for more comfortable pads than the ugly concrete blocks built after World War 2
08 May 2022 - 06:41
The expansion into residential real estate in Romania by JSE-listed property group MAS is gaining momentum, with at least eight different large-scale projects under way.
The group, which has a joint venture with Romanian developer Prime Kapital to build residential property, says it has more than enough developable stock to achieve its annual sales revenue target of €200m (about R3.3bn) by 2026, but there is potential for expansion. ..
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.