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Articles - acquisitions

Secure Property to Acquire a 17,000 sqm Logistics Park in Bucharest

SECURE Property Development & Investment PLC (AIM: SPDI), a South Eastern European focused property and investment company, today announces that it has reached an agreement to acquire the Innovations logistics park in Bucharest, Romania, from Myrian Nes Ltd and Theandrion Estates Ltd. The acquisition will be the Company's first outside of Ukraine and marks the commencement of SECURE's stated strategy of both growing and diversifying its portfolio across the economies of South Eastern Europe.

Soros took over 5% of IGD shares, Winmarkt’s owner

An investment fund managed by Soros Fund Management, owned by the billionaire George Soros, bought a package of approx 5% of the shares of the Italian group Immobiliare Grande Distribuzione (IGD), the owner in Romania of Winmarkt network, Reuters informs.

Delhaize leaves Bulgaria

Belgian supermarkets group Delhaize said on Wednesday it had sold its Bulgarian business to AP Mart for an undisclosed sum as it focuses more on core markets, writes Reuters.

Gheorghe Iaciu bought Moldova Mall in Iaşi and plans partial office reconversion

The businessman Gheorghe Iaciu, who has strongly invested in stock in latest years, taking over important shares in SIF Muntenia and in real estate developer Impact, also has bought early this year the commercial centre Moldova Mall in Iaşi with the intention to reconvert half of the project to office spaces.

Papalekas completed the acquisition of Tower Center International office building in Bucharest

The real estate portfolio of the businessman Ioannis Papalekas has increased with a new asset: the second tallest building in Bucharest.

Transilvania Bank acquires Casa Alba

Transilvania Bank bought the “Casa Alba” mansion in Cluj-Napoca from Josef Goschy last week for €900,000.

PwC: Real Estate set to rise this year in Romania especially on the office segment

Real estate transactions in Romania will grow slightly in volume this year, especially on the office space segment, while Dublin, London and the main cities in Germany are the most attractive markets to investors, according to a PwC report released Thursday.

AEW Europe SGP acquires an 8,700 sqm office building on behalf of ERAFP in Clichy

AEW Europe SGP, an affiliate of AEW Europe, has acquired on behalf of French Public Service Additional Pension Scheme, (ERAFP), an 8,700 sqm office building in Clichy (Western suburbs of Paris).

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