Altex Founder Dan Ostahie Buys Module Shopping Center

Businessman Dan Ostahie, who controls the electro-IT retailer Altex, bought from businessmen George Teleman, partner of the Equest fund, and Robert Vișoiu, son of the owner of Conarg, the former Module Shopping Center, in Târgoviște, which includes the spaces now occupied by Altex and Brico Depot.

“The transaction was completed after obtaining the approval of the Foreign Direct Investment Examination Commission (CEISD). The project was configured from the start into a DIY (Praktiker / Bricostore) and a consumer electronics (Domo / Altex). At the time of the transaction, the tenants were Bricostore and Altex,” said George Teleman, partner of the investment fund Equest Balkan Properties.

Module Shopping Center has a gross leasable area of ​​6,550 square meters, of which 5,300 square meters are reserved for the DIY store.

Source: Profit.ro