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Articles - office building sale

PPF Real Estate takes over office project Metropolis Center from Soravia

The Czech investment fund PPF Real Estate has entered on the Romanian market through the acquisition of the office building Metropolis Center from Austrian real estate developer Soravia, for an undisclosed sum.

Another tentative for the sale of the office complex Swan in Pipera-Tunari

Three years after the bankruptcy, Swan Office & Technology Park in the Pipera-Tunari district in Bucharest is still trying to find a buyer, lowering the price to less than half, down to nearly EUR 20 million, according to the judicial liquidator’s announcement, CITR.

AFI Europe Romania looking to sell three office buildings in Bucharest for EUR 92.7 mln

Real estate developer AFI Europe Romania has signed in June a letter of intent for the sale of three office buildings that it owns in Bucharest.

Colliers: Total value of real estate transactions could exceed half a million Euros this year in Romania

The total value of the real estate transactions could exceed half a million Euros this year in Romania, as a series of new or experienced investors are currently analyzing the business opportunities Romania offers, according to the estimations of Colliers International, one of the largest real estate consultants on the market in Romania.

CTP abandoned the acquisition of Swan Office project in Bucharest

Logistics spaces developer CTP has abandoned the acquisition of the office project Swan Office Park. The company that built the project entered insolvency in 2013.

GTC bought two office buildings in Piaţa Victoriei: Premium Point and Premium Plaza

Real estate company GTC (Global Trade Centre), the developer of projects in Bucharest such as America House in Piaţa Victoriei or City Gate towers in Piaţa Presei, bought the office buildings Premium Plaza and Premium Point, according to sources close to the transaction.

Olympia Tower office building in Bucharest’ Piaţa Muncii, on sale

Bluehouse Capital tries to make its third exit after selling Victoria Center and Bucharest City Gate in the last year. They received a total of EUR 45 million.

GTC paid EUR 18.1 million to be sole owner of City Gate Northern Bucharest

Real estate developer GTC took over the entire office project City Gate in Piața Presei Libere from Bucharest, through the acquisition of 41.1 pct. of the shares, owned by the Cyprus investment Bluehouse Capital, for EUR 18.1 million.

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