ALFA Group Buys Majority of Iride Park for €55M from CPI

CPI Romania (part of CPI Property Group) sold a portfolio comprising most of the IRIDE Park project, the related logistics and two neighboring properties with further development potential, to ALFA Group, the company under which Alin Niculae (founder of the independent diesel distributor Oscar Downstream) grouped his business.   The transaction is valued at approximately 55 million euros and is one of the most important on the local real estate market ...

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