Star Residence Invest (REIT.RO), the first Real Estate Investment Trust listed on the Bucharest capital market, said in a market report Tuesday closed-ended investment fund STK Emergent has sold 4% of its holding and currently owns a 19.84% stake.
Impact Developer & Contractor (IMP.RO) starts a private placement offer for 48 million shares of Star Residence Invest, the first Real Estate Investment Trust (REIT) to be listed on the Bucharest Stock Exchange at a price of RON0.218/share.