EnglishTagor Capital Ltd. has signed an MOU with an international company to set up a joint venture that will develop and operate shopping centers in Romania at an investment of 100 million EUR, according to the Israeli publication Globes. Each party will own half of the venture. Tagor Capital will also expand its year-old financial collaboration with Patron Capital Ltd., an international REIT, which has 1 billion EUR under management. In May 2007, Tagor and Patron announced they would invest 75 million EUR in real estate and commercial projects in Romania. Tagor Capital is an Israeli-based real estate company listed on the Tel Aviv Stock Exchange.
Tagor Capital launches Romanian investment fund
F.A.
Ziarul BURSA #English Section / 25 martie 2008
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