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Articles - properties for sale

Romtelecom sells some of its properties for EUR 3.5 million

Romtelecom is auctioning off 10 real-estate properties it owns in Bucharest and counties Iasi, Galati, Braila, Tulcea, Vrancea and Hunedoara. The telecom operator will set a starting price of EUR 3.61 million, without VAT, according to Mediafax.

Volksbank selling €460m in real estate assets and loans

The Austrian company Volksbank has placed a portfolio of commercial real estate and loans on sale that has an estimated value of €460m, according to a document published by the consulting company Oliver Wyman.

6 ha land for sale in Preciziei zone, for EUR 9.5 million

Insolvency company Rominsolv put on sale a land of six hectares in Preciziei St. in western Bucharest, where several constructions are situated, belonging to the bankrupt company Compania de Expeditii si Transport Auto (CETA), owned by the businessman Marius Cae.

Aro Palace wants to sell Brasov CItadel for EUR 3.5 – 4 mln

Aro Palace is currently in negotiations with Brasov Town Hall to sell the Brasov Citadel (Cetatea Brasov) for EUR 3.5 – 4 million. In case the two entities will not reach an agreement then Aro Palace will organize an auction in the fall, according to Mihai Fercala, general director for SIF Transilvania.

The building with Astra Asigurari and Romania Libera, up for sale

The office building that currently houses Astra Asigurari and Romania Libera’s headquarters, owned by business-man Dan Adamescu, has been put up for sale by Piraeus Bank for a price of EUR 14 million.

Former residence of Ceausescu, up for sale

The former private residence of late Romanian dictator Nicolae Ceausescu, the Primaverii Palace in Bucharest, will be up for sale, as the Romanian state only rarely uses it for three to four delegations a year, according to Mediafax. RA-APPS will take charge of transaction but it has yet to announce a starting price of a deadline for the sale.

PIC hypermarkets in Craiova, Calarasi, Braila put up for sale again

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator PricewaterhouseCoopers Business Recovery Services, at a total starting price of EUR 10.2 million.

Former factory Prefa Brasov’s land, up for auction starting EUR 14.7 million

The plot of land where the American Jonathan Mann intended to develop 10,000 apartments in Brasov is put for sale by the judicial liquidator, RVA Insolvency, for EUR 17.4 million, excluding of VAT, following the bankruptcy of the company which intended to develop the project.

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