| Adama counts Morgan Stanley among shareholders |
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| Written by Administrator | ||||||
| Wednesday, 12 March 2008 22:02 | ||||||
Central and eastern European developer Adama Holding has raised E100m (£76m) of new equity in a private placement.
The company’s new investors are Morgan Stanley Real Estate’s Special Situations Fund III and two existing Adama shareholders, Lehman Brothers and Immoeast, a Vienna-based listed property company.
The new money will be used to fund Adama’s expansion in its [...]
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