Investment funds stick to window shopping
Investment funds with operations on the local market are just window shopping for real estate opportunities
By Magda Purice and Dana Verdes November 2011 - From the Print Edition
Fund officials told The Diplomat – Bucharest that they are playing it safe, keeping an eye out for distressed assets or businesses with growth potential despite the crisis, and not thinking of exits – yet.
Cautious and reluctant to take risks in any economic sector which is currently delivering unsatisfactory investment yields and contracted businesses, such as retail and construction, investment companies, are becoming even more prudent when it comes to property investment. Still, accordin... To continue reading this article you have to be registered
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