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Articles - achizitii

Transilvania Insolvency House sold in March assets of EUR 10 million

Transilvania Insolvency House (CITR) ended March with sales of the real estate assets totaling approx. EUR 10 million.

Cosmopolis owners bought a land on Barbu Văcărescu St. for a residential building development

Turkey’ Buyukhanli family, the developer of residential complex Cosmopolis in Ştefă­neşti village, northern Bucharest has recently bought a land of more than 2,000 sq. m on Barbu Văcărescu St. in Bucharest, with the intention to start this year the construction works for a building with approx. 100 apartments.

Leroy Merlin, interested in buying 3 Baumax units and an OBI store

French retailer Leroy Merlin would be interested in buying several Baumax and OBI units in Romania. The two home improvement retailers recently announced they are going to leave the local market, on account of losses suffered in the region, according to wall-street.ro sources.

Kingfisher makes EUR 275m offer for Mr Bricolage, also present in Romania

Kingfisher has entered into exclusive negotiations with the principal shareholders of Mr Bricolage, the home improvement retailer, to acquire their shareholding, according to a press release from the British company.

The company that took over Praktiker already negotiates a new acquisition in Romania

Search Chemicals, the company controlled by the businessman Omer Susli, which has recently taken over the DIY chain Praktiker from the German group Prakteker AG, is in negotiations for the acquisition of another DIY retailer. They plan stores in 40 large cities in the shortest time.

Papalekas negotiates the acquisition of the former Farmexim platform in Pipera

Former Farmexim warehouses are in the close vicinity of the UpGround complex, developed by Ioannis Papalekas.

Globalworth aims to buy UniCredit’s HQ in the north of Bucharest

Globalworth, controlled by Ioannis Papalekas, is planning real estate deals worth of EUR 130 million in Romania, among which the Unicredit Tower.

AEW Europe acquires an office building on behalf of ERAFP

AEW Europe acquired the L’Open building located at Issy-les-Moulineaux in the South-Western suburbs of Paris on behalf of the French Public Service Additional Pension Scheme (ERAFP).
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