The Revetas investment fund, which owns the Radisson Blu hotel in Bucharest, is one step away from buying the Maurer Group, a residential developer.
On April 20, the Competition Council announced, that it is analyzing the transaction through which the Revetas Capital investment fund will take over the Maurer group, one of the largest real estate developers in Romania.
Frequently Asked Questions
Who is Revetas Capital?
Revetas Capital is a real estate investment fund active in Central and Eastern Europe, known in Romania for owning the Radisson Blu hotel in Bucharest.
What is the Maurer Group’s position in the Romanian market?
The Maurer Group is one of the most significant residential real estate developers in Romania, with major projects in cities such as Brașov, Sibiu, and Constanța.
What is the role of the Competition Council in this transaction?
The Competition Council is reviewing the transaction to ensure that the takeover does not negatively impact the competitive environment of the Romanian real estate market.