The most important real estate deals since 2018 are, according to the order in which they were announced: the sale of Militari Shopping Center to the South African investment fund Mas Real Estate (the seller is the Israeli company Atrium European Real Estate, which has exited the domestic market ) the sale of the first building in the Campus 6 office complex, Skanska's Swedish developer project, to the Austrian company CA Immo and the sale of the Oregon Park office complex, developed by Portland Trust, to Lion's Head Investment.
"These three transactions reinvigorate the real estate segment after a weak first quarter. Compared to the same period in 2017, the first half of 2018 has a lower pace. Our estimate for the end of the year is that the total volume of investments will be lower than last year, "explains Ana Dumitrache, Head of Investment Property of CBRE Romania.
According to the report, the volume of investments in the domestic real estate market stood at around € 1 billion in 2017. The number of transactions, including those for land acquisitions or sales, was 27. In these agreements, 7 investors were involved, and 25% of the total volume of investments came from companies already present on the Romanian market. Also, 17% of this volume was a single transaction. (source: CBRE)
