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Articles - achizitii

One United Properties acquires the former Ford factory

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of a historic building located in the centre of Bucharest, the former Ford factory, from Auchan Romania. The developer estimates significant investments in the next two years in the restoration of the building, with the purpose of protecting and regenerating the cultural heritage of Romania’s capital.

Hagag Development Europe adds a new office building to its assets portfolio

Real estate developer Hagag Development adds a new investment to its assets portfolio, as the company has recently purchased an office building located on 5-7 Vasile Lascar street, 400 meters away from Bucharest’s KM 0 area.

One United Properties enters an agreement to buy a majority stake in Bucur Obor S.A.

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, announces the conclusion of an agreement to buy a majority stake in Bucur Obor S.A., a company listed on the AeRO market of the Bucharest Stock Exchange under symbol BUCU.

One United Properties purchases a historic building in the center of Bucharest

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, announces the acquisition of a historic building in Bucharest, with a purpose to transform it into a new high-class development called One Athénée.

Atenor sold office project Hermes Business Campus to Adventum Group

ATENOR announces that an agreement has been reached on the sale of the company NGY Properties, owner of HERMES BUSINESS CAMPUS in Bucharest, to Adventum Group and its partners. They are set to acquire, with its Adventum Quartum fund, 100% of NGY Properties.

River Development signs transaction for selling The Light One office building to the investor UNIQA Real Estate GmbH

River Development, the developer of the two integrated and multi-functional projects - Sema Parc and The Light, signed the transaction for the sale of The Light One building to the investor UNIQA Real Estate GmbH on April 23.

IMMOFINANZ acquires Bucharest Financial Plaza and plans renovation into a sustainable myhive landmark building

IMMOFINANZ has acquired the Bucharest Financial Plaza office building, in a prime central location close to the historic center of Bucharest. The property is being sold by Banca Comercială Română (BCR), the largest financial services group in Romania and a subsidiary of the Austrian Erste Group Bank. The building, with gross rentable space of around 27,700 sqm (post-conversion), was BCR’s head office until last year. The costs of the transaction amount to approximately EUR 36.0 million.

The investment market increased by 37% last year, but may see a dip in 2021 as some uncertainties remain on the horizon

The “year of the pandemic'' turned out to be one of the peaks of the current economic cycle in terms of investments in commercial real estate assets, with a growth of 37% over 2019, to almost 900 million euro. 2021 may see a dip, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by Colliers.

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