Constanda sells 1.63 ha of French Village for 68m euros - Azi

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Businessman Constantin Constanda has received around 68 million euros from the sale of 1.63 hectares of land in Satul Francez (French Village) to Greek firm Raptis Kavouras, a deal that put the entire 2.8-hectare plot owned by Constanda at 120 million euros.

In March, in one of the biggest scandals on the real estate market, Constanda became part owner in the French Village in exchange for Bordei Park with the Bucharest City Hall.He acquired the park from two individuals, who had bought it from...

Read the whole story in: Ziarul Financiar