Monday, 15 July 2013 16:51

Nepi debt bid routine in Europe

Deals such as New Europe Property Investments’ (Nepi’s) proposed acquisition of a Romanian retail park’s debt are more common in Europe than in South Africa, reflecting the relatively healthy state of South Africa’s listed property and banking sectors, analysts say.

New Europe Property Investments says it acted lawfully in relation to the acquisition of the debt of Romanian mall Sibiu Shopping City's debt.

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