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Articles - office building sale

AFI Europe and Dedeman to Cancel Sale Transaction of AFI Park 1-3

The companies AFI Europe and Dedeman have agreed to cancel the sale transaction of the office buildings AFI Park 1-3.

Globalworth Could Take Over NEPI Office Portfolio, Estimated At Nearly € 340 Million

Investment Fund Globalworth, the largest office owner on the local market, is in negotiations with New Europe Property Investments (NEPI) to take over the entire office portfolio of the South African investment fund in a deal that might reach EUR 340 million, according to market sources.

Immochan Romania Buys The Coresi Business Park Office Project in Brasov

Immochan Romania acquires the Coresi Business Park, integrating in the Cartier Coresi project the office component of the Brasov project, which had until now a commercial component through the Coresi Shopping Resort, and a residual one through the 1,000 apartments under construction.

Dedeman Buys Only The First Three Buildings In The Afi Park Project

The brothers Dragoş and Adrian Paval, the entrepreneurs who control the Dedeman network, the largest Romanian DIY business, want to abandon the acquisition of the entire five-building block of the AFI Park office project near AFI Cotroceni Mall from Africa Israel.

GTC buys the Cascade Office Building in Victoriei Square, Bucharest

Real estate company GTC (Global Trade Center), the owner of the City Gate project in Bucharest’s Presei Square, bought from Adval Properties the office project Cascade Office Building on Buzeşti Street, near Victoriei Square, according to market data.

Globalworth becomes the sole owner of the Green Court Bucharest office

Globalworth Real Estate Investments Ltd., the head of the office building segment in Romania, announces the acquisition of the "C" building of the Green Court Bucharest office building, developed by Skanska, one of the largest construction and development groups in the world, of Swedish origin. The gross transaction value is estimated at 38 million Euros, and the acquisition closure is scheduled for the third quarter of 2017.

Czech Billionaire to Buy America House Office Building in Bucharest

America House office building was put on sale by the French investment fund AEW Europe, one of Europe's largest funds.

AFI Europe Romania and Dedeman Sign Agreements to sell The Office Project AFI Park for EUR 164 million

AFI Europe signed a pre-agreement to sell AFI Park 1-3 office buildings to Dedeman, the leading company in Romania in the DIY retail segment. The agreement also includes an option to sell AFI Park 4&5. The total price for AFI 1-5 is approx. EUR 164 million.

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