CEE developer and investor Immoeast has acquired a 50% stake in Caterata, a residential developer in the South Eastern and Central Eastern European (SEE-CEE) markets. Tel Aviv-listed New Horizon Real Estate Group, the former sole owner, retained the other 50%. An Immoeast spokesperson told PropertyEU on Thursday that the two companies agreed not to disclose the amount of the investment, which was made through a capital increase.
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