Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Economic crisis – auspicious period for real-estate investments

The Israeli investors consider Bucharest an epicenter of international real-estate developers.

Despite its echoes in Romania, the agitated period on international markets did not drive away the investors. Thus, the Gindi Rom Company, a member of the Israeli Gindi Group (one of the largest real-estate developers in Israel), has decided to enter the Romanian real-estate market in Romania, considering that every moment of economic crisis also represents an opportunity for investments. The company has already developed commercial centers, office buildings and residential neighborhoods in Israel, Hungary and Switzerland, and is permanently exploring new markets. The Israeli Group benefits from the advantages of self-financing and of access to financing offered by banks or capital markets.

According to a communiqué sent to Nine O'Clock, the Israeli investors consider that from the moment it joined the European Union Romania has registered a massive growth in construction works, especially in Bucharest. This growth has transformed the city into the epicenter of international real-estate developers. One of the Gindi Company's investment plans is represented by a centrally-located residential center in Bucharest's District 3. ‘We are convinced that Romania is still a good market, provided one comes with an appropriate and relevant offer. The people continue to need houses and we are here to offer them the best solution - an excellent design and architecture for buildings and apartments, the highest international standards, all at a fair and very attractive price right at the heart of Bucharest' Kfir Gindi, the director of Gindi Rom, stated. In fact, according to him the company's business strategy consists of identifying business opportunities that would answer the market needs.

The first project developed in Bucharest will consist of 4 buildings with 324 apartments, standing on a plot of land of 5,300 square meters. Likewise, the company is engaged in talks in order to buy a 16,000 square meter plot of land in Brasov, where it intends to develop a residential center.

Gindi Group's target consists of young professionals that want to live in the city center, close to their interest points. Until now the company has built and delivered over 25,000 apartments in Israel and Europe. Gindi Group was created in 1970 and is listed on the Tel Aviv stock exchange. In 2008 Gindi Group's sales of apartments and plots of land have brought it revenues of EUR 33.26 M and an operational profit of EUR 15.95 M.

 

Sursa: http://www.nineoclock.ro

Tags: gindi estate

Articole similare