Fabian has 150m euros more to spend

Investment fund Fabian Romania Property, one of the most active funds on the market, plans to make investments worth 150 million euros in Romania by the summer of this year, in all real estate sectors. “By this summer, the value of investments could increase by 150 million euros, in equal amounts in Bucharest and in the rest of the country,” Mark Holdsworth, chief executive of Fabian, told ZF. Mark Holdsworth specified that negotiations were being held for direct acquisitions and forward purchase of logistical, residential, retail and office projects in Bucharest. “We are also scrutinising the Western part of the country for logistical and residential projects,” says Holdsworth. At the same time, the fund is negotiating the acquisition of a plot of land in the North of Bucharest where there is a plant, on the location of which it intends to develop a residential project. The Fabian representative did not make further comments because the fund is listed on the AIM market in London.