Property Fund
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Property Fund shares traded against cars, homes
Bartering has become the latest method of trading Property Fund (FP) shares, as some of the investors wishing to buy shares are short on cash.
CNVM forces Property Fund to do in 45 days what it hasn't done in 5 years
After five years during which it operated outside the capital market, Property Fund (FP) has a 45-day deadline, until 9th of April, to register with CNVM. The stake is represented by the 12....
Finance Minister won’t do away with stock exchange tax
Public Finance minister Sebastian Vladescu says he will support the capital market development through an entrepreneur education programme and by floating the Property Fund, vaguely pledging...
Postponed floatation keeps price of Property Fund shares low
The uncertainty surrounding the listing of the Property Fund on the Bucharest Stock Exchange has allowed foreign investment funds to accumulate significant stakes in one of the richest compa...
Czechs at Wood float Property Fund on Vienna Stock Exchange
Wood&Company, one of the leading brokerage firms in Czech Republic has listed a warrant-type derivative product on the Vienna Stock Exchange with the shares of the Property Fund (Fondul Prop...
Malaxa lawyer: Property Fund must float because the heirs are passing away
Mark Meyer, the lawyer who acts on behalf of the Malaxa and Auschnit families, says the flotation of the Property Fund must not be postponed any more because some of the shareholders of the...
Foreign fund buys 1% in Property Fund
A foreign investment fund acquired over 100 million shares in the Property Fund (FP) in early August, this year's largest purchase involving FP shares. The stake amounts to around 0.7% of th...
Property Fund shareholder asks the state for nationalisation
American investment fund Cartesian, which bought 2.85% in the Property Fund, is now calling for discussions over the possibility for the Ministry of Finance to nationalise the shares of mino...
Black stock market: Property Fund traded via classified advertising
The shares of the Property Fund are now trading for as little as 7% of their nominal value, thus putting the fund’s value at 265 million euros, less than its stake in Petrom.