10/5/2010

Rockefeller buys Europa Capital stake, property investments in Turkey underway

Sabah - US real estate investor Rockefeller Group International has secured the majority stake in property fund manager Europa Capital in a bid to seek investment opportunities in Eastern Europe, as reported by Bulgarian news agency Novinite. The London-based Europa Capital’s strategic growth plan covers Turkey and a number of European countries. The take-over of 75 percent of stakes makes Rockefeller Group a strategic investor in Europa Capital’s ventures in the European market. The news report citing company officials states that an initial USD 100 million in funds are destined for investments in Eastern European countries including Turkey.
turkey; property investor; real estate investor; rockefeller; europa capital; eastern europe