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30 July 2008
EFG Secures €100 million in Debt Financing
European Future Group has secured €100 million in debt financing for the development of its residential project in Buftea, near Bucharest. The project is a 36ha new town residential project, the first of its kind to be brought to the market in Romania. more >
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European Future Group has realized €13.5 million from the sale of over 48,000 square metres of residential land in Berivoiului to the north of Bucharest city centre. The land was acquired at €110 per sq.m. in January 2007 and secured planning for residential development of over 60,000 square metres prior to its disposal, in line with its strategy of delivering significant value to its equity partners. Jeff Kirby, Chief Executive Officer of European Future Group, comments: “Sale of this site more >
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02 November 2007
EFG Closes Landmark Ukraine Deals
European Future Group has successful closed two acquisitions through our growing Kiev office. The Prolisky project is a 76,000 sqm parcel of land on the major airport-city highway, planned for a large business park development. Chernigovskaya is a 20,000 sqm site in Kiev’s busy east area, which will be developed into a retail centre and office tower. more >
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01 October 2007
EFG Expands into Turkey
European Future Group has expanded its business in the Black Sea region by opening an office in Istanbul. Turkey has 72 million citizens, but a continued shortage of quality real estate in residential, logistics and office sectors. more >
