Introduction

Fabian Romania Limited was established in April 2005 to take advantage of the investment opportunities in Romania’s property market which arise from its rapidly growing economy. At inception it was the only dedicated Romanian property fund and targeted both commercial and residential property.

The intention was to benefit from the integration of Romania’s property market into the wider Euro-zone market and the demand for higher quality buildings.

In the run up to and following their EU accession, the property markets of countries such as Poland, Hungary, the Czech Republic and Slovakia performed strongly. This reflected the growing convergence of their economies with the EU, wider use of the Euro and changes in property law required to enable them to join the EU. Romania has also benefited from a similar effect and the Directors believe that this will continue, following Romania’s accession to the EU on 1 January 2007. In particular, EU funded infrastructure projects are likely to have a significant impact.

The Company’s strategy is to take advantage of opportunities across all the main sub-sectors of Romania’s property market through investment in either income producing buildings or suitable development projects, usually with local or Western European co-investment partners. As a result of the experience gained by the Investment Manager in the Romanian property market since the Company’s inception

Romania’s strong economic growth and increasing investment by multinational companies in the economy, the Directors believe that the Company is well placed to take advantage of Romania’s increasing high demand for modern "western-style" property developments and other suitable opportunities that arise in the market.

The Company’s Investment Manager, Fabian Capital, has extensive knowledge and experience of Romania and the Company has itself established a profile in the Romanian property industry as a result of its activities. Its position as a dedicated Romania property company and its initial status as the only one of its kind have helped this. To date the Company has acquired eleven properties in Romania. Four of these are income producing investments, four are joint venture participations in four residential development projects, one a forward purchase of an office development, and two office developments, one of which is in joint venture.


Latest News

24 December 2008

Offer document posted to shareholders on 24 December 2008
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19 December 2008

Recommended cash offer from Black Sea Global Properties
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5 December 2008

Fabian Romania Director Mark Holdsworth is interviewed by The Money Channel's London correspondant (13 Oct 2008)
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11 November 2008

Fabian Romania achieves Building Permit for 'The Orchard' residential development site in Timisoara
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10 November 2008

Notification of Holdings - Finite Assets Ltd - Update 2
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7 November 2008

Notification of Holdings - Finite Assets Ltd - Update 1
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4 November 2008

Notification of Holdings - Finite Assets Ltd
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3 November 2008

Notification of Holdings - RMB Asset Management PTY Ltd
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Current Share Price

Fabian in the Media

Director Mark Holdsworth interviewed by The Money Channel's London correspondant
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In this interview on CNBC, Director Mark Holdsworth discusses investment in the emerging markets
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Fabian in the Press

"Fabian Romania is the new name behind a scheme in the country’s equivalent of London’s Docklands" - Two page article in the September 2008 edition of Property Week.
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Contact Details

Fabian Romania Limited
c/o Jersey Trust Company
PO Box 1075
Elizabeth House, 9 Castle Street
St Helier, Jersey JE4 2QP
Telephone +44 (0) 1534 700000
Fax +44 (0) 1534 700007
 
Fabian Capital Limited
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