ZF English

Patriciu puts his name on 1.3bn-euro real estate business

13.07.2010, 23:08 11

Billionaire Dinu Patriciu, one of the richest Romanian businesspeople, has brought his real estate operations under one singlebrand - DinuPatriciuGlobalServices - which will manage theportfolio of properties held in Romania, Germany, and otherEuropean countries, put at 1.3 billion euros.
Patriciu controlled investment fund Black Sea Global Properties(BSGP) and Quintet Asset Management, which will be brought underone brand. Patriciu bought investment funds Fabian, Deutsche Land,and Rutley via BSGP in successive transactions, put at over 150million euros, while Quintet was the consulting and assetmanagement company, managed until March this year by British-bornMichael Lloyd.

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

AFACERI DE LA ZERO