„Diversifying local market investors will continue this year, so we will see new buyers in all market segments. JLL negotiates a series of transactions that could be concluded in the coming months and have big chances to attract new investors names,” Silviana Badea, Head of Capital Markets, Associate Director, JLL Romania said.
The traded volumes were dominated by acquisitions of industrial space (41 percent), an historic high for this market, followed by offices (38 percent). The investment yields on office and retail market stood at 7.5 percent, while on the industrial segment – 9 percent.
Czech CTP, founded in the Netherlands, was the most active last year and bought six industrial properties in Romania, the transactions totaling more than EUR 130 million.
The takeover of Europolis Park by P3 from CA Immo and Bucharest West acquisition by CTP from and the Portland Trust were the biggest transactions in the industrial market in 2015.
On the other hand, GLL bought last year Floreasca Park and Victoria Center for almost EUR 130 million.
Another important purchase on the office market was made by Globalworth, after buying the second building made by Sweden’s Skanska on the local market.
The only big transaction in the retail market was carried out by NEPI by acquiring Iris Titan from Aberdeen Scottish company. (source: romaniajournal.ro)
