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Gică Popescu opens 10m-euro bazaar in Rahova

05.07.2010, 23:06 10

Former football player Gică Popescu, 43, is set to build up abazaar-type shopping centre close to Bucharest's Rahova Market, onthe plot of land of the former paint plant of Fabryo Corporationproducer, in the wake of a 10m-euro investment. "I believe in thefuture and possibilities of the real estate market, unlike others.I believe in the potential of this country. We must have courage tobe able to do something. In September or October I will open ashopping centre, Doldora Bazaar, in Rahova," said Gică Popescu, oneof the people who have invested the money earned from football inreal estate businesses in the past decade. He sold part of theproperties he owns, particularly those in Spain, before the crisis.Doldora Bazaar of Rahova will be developed over a 12,000 squaremetre total area, using the model of IDM, Sir or Dragonul Roşushopping centres. The project is carried out by Gică Popescu,together with Marius Roateş and George Saguna, who own an equalstake, of 37.5%, in Doldora Capital company set to develop theshopping centre, while the former football player owns 25% in thecompany.

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