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Articles - real estate investments

Real estate transactions volume tripled in H1 2014

Real estate transactions volume in Romania reached EUR 400 million in the first half of the year, nearly three times more than in the same period of last year, said Marius Grigorica, associate director capital markets within DTZ Echinox.

NEPI to start construction of the office building near Government in a few weeks

NEPI will start soon the construction works for an office building near Victoria Palace, on the neighbouring site of Ormolu Villa in Bucharest.

Papalekas’ Globalworth to build 105,000 sqm office compound in Romanian capital office hotspot

Real estate fund Globalworth, controlled by Greek investor Ioannis Papalekas plans to build an office compound right above the Pipera subway station in Bucharest, with an estimated EUR 98 million investment.

NEPI raises EUR 100 million for real-estate investments

South-African investment fund New Europe Property Investments (NEPI) raised EUR 100 million via an accelerated book building (ABB) on the Johannesburg Stock Exchange, the fund announced. Earlier on Monday, the fund said it aims to raise EUR 80 million.

The message of Knight Frank’s head of Europe: starting this autumn money will come on the local real estate market

Chris Bell, managing director of the European division of the real estate consultancy company Knight Frank, said that the Romanian market reached its lowest level, so the only possible scenario is the growth.

Coresi Brasov, 60 pct ready: the mall should reach annual revenues of more than EUR 5 million in 3-5 years

Coresi Brasov commercial centre, developed by Immochan, is 70 pct rented 8 months before the opening.

Total level of the real estate investments, 222 pct growth in H1

The level of the real estate investments (transactions with real estate projects) for the first half of 2014 reached EUR 402.4 million for a transacted area exceeding 692,000 sq. m.

The number of transactions with lands has increased in H1, and the value reached over EUR 50 million

The number of transactions with lands for real estate developments, retail and production spaces has increased this year, registering 15 large transactions nationwide, totalizing 630,000 sq. m, with a value exceeding EUR 50 million, according to the real estate consultant CBRE.

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