Rosebud unit looks to build in Romania

The Bucharest City Council approved a plan for a 273,000-square meter mixed-use project.

Real estate developer Rosebud Medical Ltd. (TASE: ROSB) Romanian unit SC Bluerose Ro Corporation Srl has obtained a building permit from the Bucharest City Council for rezoning land owned by the company in the city. Rosebud owns half of Bluerose.

The Bucharest City Council approved Bluerose's plan for a 273,000-square meter mixed-use residential, office, and commercial project.

Published by Globes [online], Israel business news - www.globes-online.com - on April 16, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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