Singh to launch distress fund in Bucharest

Diwaker Singh, formerly of the residential developer Copper Beech in Romania, is to launch a €100m distressed property fund in August targeting assets worth more than €10m. Copper Beech froze its projects in 2008. Singh will be relinquishing his shares in the SPVs associated with the developer.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s