How Cocor Went From Making Profit To Falling Behind With Its Loans

06.13.2012 By Andrei Chirileasa

Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), which owns the store in downtown Bucharest, was making profit year after year and had significant funds invested in stocks.

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Keywords:
COCOR
, BCR
, REAL ESTATE
, SHOPPING CENTER
, STRATEGY