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Articles - achizitii

One United Properties sells 4 Bucharest apartments for EUR 1.36 mln

Four Bucharest apartments located in the One Floreasca Lake residential compound developed by One United Properties have been bought by an investor for a combined EUR 1.36 million (VAT included), has announced Crosspoint Real Estate, the agency which brokered the transaction.

BCR successfully bids EUR 50 mln for Silver Mountain project

The real estate project Silver Mountain based in Poiana Brasov along with a piece of land near Snagov lake were acquired by BCR for around EUR 52 million in a tender organized on May 23 by Euro Insol, the judicial liquidator of INR Management Real Estate.

Papalekas to buy new distressed office projects the following year

Globalworth, the fund controlled by the businessman Ioannis Papalekas, intend to add new real estate assets in its portfolio in the next year and a half, the company being mainly interested in offices with financial problems in Bucharest, according to Dimitrios Raptis, deputy executive manager within the company.

Auchan wants to buy for EUR 19 million former Real building in Pitesti

Auchan Romania intends to buy the commercial space where is located the Auchan Gavana store in Pitesti. The hypermarket chain made an offer of EUR 19 million to the company Rolast in Pitesti, according to Rolast.

Ghelamco and GTC competing for PHN’s portfolio

Ghelamco and GTC are competing to take over a substantial real estate portfolio from the state-run Polish Real Estate Holding PHN.

NEPI and Dedeman took 22 ha land in Timisoara from Cristescu brothers

South-Africa’s investment fund NEPI and the DIY retailer De­deman bought from the brothers Emil and Marius Cristescu and an Italian investor the 22 ha land of the former plastics factory Dermatina in Timişoara in a transaction estimated by ZF to EUR 15-20 million.

Tagor to start buying toxic real estate assets from banks in Romania

Real estate developer Tagor said on Tuesday it launched a new business segment designed to help banks get rid of distressed real estate assets in their portfolios and reduce their volume of non-performing loans.

Strong start for European commercial real estate investment market in 2014

Improved investor confidence and lending conditions, as well as notably increased activity from opportunistic investors in recovering markets, led to a strong start for the European commercial real estate market in 2014, according to the latest research from global property advisor CBRE.
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