UniCredit Tiriac Bank Expects To Recover 80% Of Loan For Alia Apartments Development

05.27.2013 By Ioana Tudor

UniCredit Tiriac Bank expects it will recover about 80%, or EUR17.2 million, of a EUR22 million loan granted to the Spanish developers of insolvent residential compound Alia Apartments in Bucharest, by selling and renting apartments.

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Keywords:
UNICREDIT TIRIAC
, LOAN
, APARTMENTS
, ALIA