Consolidation after aggressive expansion for biggest Romanian office owner
Romanian investor Liviu Tudor, one of the biggest property owners in Romania, says he has no new investment plans on the medium term, as he wants to consolidate his business before starting new developments.
“In the next five years we are only interested in developing the two business parks in our portfolio, and only if and when our tenants ask us to. We are not looking for any new developments and acquisitions. After an aggressive development, which brought us to 150,000 sqm in the past years, we feel that we need some time to consolidate out team and our parks, before starting new developments, when the market will ask for it,” Liviu Tudor explains in an interview for Romania-Insider.com.
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