CFR Land In Bucharest Up For Auction Again

F.A.
Ziarul BURSA #English Section / 27 mai 2008

Romania"s national railway company Caile Ferate Romane (CFR) S.A. will resume the public bidding held to sell four plots of land located in Sector 6 of Bucharest on the Romanian Commodities Exchange (BRM) today.

The plots are located at 17. Lujerului St. and measure 5738, 9741, 1954 and 2482 square meters. The starting price is 1,350 EUR/sq.m., not including VAT. CFR decided to maintain this starting price despite the failure to find any buyers during the previous auction. The deadline for submitting bids is 27 May.

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