The Greek developer REDS, a subsidiary of the Ellaktor construction group, completed, after two years, the procedures for the sale of a part of the former Dâmbovița shoe factory in Bucharest to the company Vastint Romania, at a price of EUR 11.4 million. The land has an area of 7,974 sqm.
The Vastint acquisition complements another part of the former factory, taken over in 2019 from the founders of the Exotique and Musette brands.
The new owner now proposes to defile the existing constructions on the land, as well as all related underground constructions and installations within the premises.
“The land, on which there are a series of buildings from the former Dâmbovița S.A. factory, represents a component of the Vastint portfolio and is part of the company’s long-term plans. For the moment we have not finalized our direction of action and development of this project and we have no plans to start work on this platform soon. Until now, and according to the legislation in force, we have carried out the first legal procedures to obtain the authorizations necessary for the process of dismantling the above-mentioned buildings,” declared the representatives of Vastint Romania.
Source: Profit.ro
