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Angola: Portuguese Real Estate Firm to Net U.S.14 Million
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Angola Press Agency (Luanda)
15 April 2008
Posted to the web 15 April 2008
Luanda
The investments of Portuguese real estate company Abrantina in Angola may profit this year about USD 14 million.
According to a communiqué issued by Abrantina Investimento Imobiliário, made available to Angop on Tuesday, the challenge of the firm in the Angolan market kicked off with the construction, yet this year, of an undertaking in downtown Luanda, where it has already invested at least USD 34 million.
"The project comprises the construction of a 16,330 square metres building, which includes a commercial zone of two floors, an offices space and housing compounds", reads the note.
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