Sunday, March 30, 2008

Tagor Capital launches Romanian investment fund

Tagor 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. 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 under management. The companies doubled their joint venture to develop residential and commercial properties in Romania by €56 million to €112 million.


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