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Articles - achizitii

Mega Image Romania takes over local Angst chain

Mega Image announced Tuesday it reached an agreement with Angst to take over 20 of its 22 stores after the local company dropped out of a collaboration with Carrefour, writes Mediafax.

Globalworth ventures outside the Capital: invests EUR 35 mln in logistics park in Timisoara

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought logistics complex Timisoara Airport Park for EUR 18 million from Invest4SEE.

Kingfisher gets closer to buying competitor Mr. Bricolage, Romania included

British group Kingfisher, one of the largest do-it-yourself (DYI) retail groups in Europe, is close to finalizing the takeover of French rival Mr. Bricolage.

GDF Suez buys UK facilities management unit from Lend Lease

French gas and power group GDF Suez has bought the UK facilities management business of Australian property group Lend Lease, the firm said in a statement on Monday.

BauMax sells its 15 Romanian stores to French Adeo

Austrian DIY retailer bauMax has sold its 15 stores in Romania to French group Adeo, the company announced today. The 15 stores will be acquired through a share swap between the two companies.

Auchan dishes out EUR 280 million for 12 shopping galleries

French-held retailer Auchan has reached an agreement to buy 12 hypermarkets and shopping galleries in Romania located in Bucharest, Timisoara and eight other cities throughout the country. The deal is worth about EUR 280 million, according to zf.ro.

Immofinanz wants a new office building, in downtown Bucharest

Austrian investment fund Immofinanz, the owner of more than 200,000 sq. m office spaces in Bucharest, where nearly 13,000 employees are working, is in negotiations to buy a new office building in Bucharest downtown, after five-six years with no investments, period when the group has preferred to consolidate its portfolio, which includes local assets of EUR 1 billion.

GTC’s new owners want to start or buy new projects in Romania, target office developments

Improving the results of the shopping centers it owns in Romania is the short term objective of Polish real estate developer Globe Trade Center (GTC) after it was taken over by Lone Star Funds, but the company is also looking at starting or buying projects in incipient phases, especially in the office segment, announced GTC representatives.

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