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Articles - real estate investments

DTZ: Real estate transactions in Romania advance more than four times in 2014

Real estate transactions in Romania stood at 1.3 billion euros in 2014, up 4.3 times from 2013, according to a DTZ Research study.

Real estate transactions amount to EUR 30-40 mln in Q1, says DTZ

The transactions with offices, shopping centers, logistics parks, plots of land totaled in the first quarter EUR 30-40 million, a level similar to the one recorded in the same period of 2014 of EUR 270 million, if excluded the intragroup acquisitions made last year by businessman Ioannis Papalekas.

Bucharest attracts 70 pct of Romania’s total real estate investment volume in 2014

Romania’s total real estate investment volume last year exceeded EUR 1.3 billion, up 4.3 times against 2013. According to DTZ’s Property Times Romania Investment 2014 report, this is the largest investment volume recorded since 2008 and the second highest ever recorded in Romania. Approximately 70 percent was registered in Bucharest.

Israeli real estate developer invests EUR 20 mln in new Bucharest residential compound

Gindi Group, one of the largest real estate developers in Israel, will invest EUR 20 million in GViTown, a new Bucharest residential compound located in the Mihai Bravu area.

MetroCity Academiei to be completed next year following EUR 10 mln investment

Real estate developer with domestic capital Construct Aprodex will invest approximately EUR 10 million in MetroCity Academiei, a residential project located near the Military Academy in Bucharest.

Strabag to construct first two office buildings of Oregon Park project in Pipera

Austrian group Strabag, which became in the last years the largest player on the local construction market, will build the first two office building of the project Oregon Park in northern Bucharest, an investment of Portland Trust, group controlled by British Robert Neale.

GTC plans to invest EUR 33 mln in two real estate projects in Bucharest

Polish real estate developer Globe Trade Centre (GTC) aims to draw from shareholders at least EUR 144 million through a capital increase to finance new investments, including two projects in Bucharest, valued at about EUR 33 million.

5,000 apartments to be built in South Bucharest by 2016

Several Romanian investors want to develop by next year 5,000 apartments in the South of Bucharest, for the first phase having been bought plots of about 15 hectares, and the first blocks will be available for sale this year.

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