The South African investment fund New Europe Property Investments (NEPI), the most active player in the Romanian real estate market over the past three years, has seen its assets surpass €530m.
Moneystreet.ro reports today that company is currently investing millions in five projects – two of which are underway (a mall and an office building) and three are expected to get underway by the end of 2012: an office building in Cluj, a shopping center in Brasov and a recently acquired retail park in Bucharest, near Liberty Center mall.
