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Articles - real estate investments

Online Retailer evoMag Invested EUR 100,000 in New Headquarters and Showroom in Bucharest

Online IT&C retailer evoMag has invested EUR 100,000 into new headquarters and showroom as more than 10 percent of the sales registered by the online retailer actually take place in the showroom.

Diaconu, Delta ACM 93: We’ve started giving ourselves Work

Businessman Florea Diaconu, who controls the Bucharest based construction company Delta ACM 93, with EUR 113 million turnovers last year, said he decided to involve in a residential project of EUR 40 million in southern Bucharest, on the background of construction works diminish on local market.

CBRE: Real Estate Transactions, Over 50% down in the First Nine Months

Romania and Ukraine are the only countries in CEE to register a decrease of the real estate transactions values in the first nine months of the year, with Russia and Poland being the main destinations in the region, according to CBRE, cited by Mediafax.

European Real Estate Investment Activity Rises 21 Percent from a Year Earlier in Q3 2012

The European commercial real estate investment market had its strongest third quarter since 2007 with €35.5 billion in transactions - up 21 percent on Q3 2012, according to the latest data from global property advisor CBRE.

IVG closes acquisition of Le Palais in Warsaw

IVG Institutional Funds GmbH, acting on behalf of IVG Warsaw Fund, closed the purchase of Le Palais from a subsidiary of Warimpex Finanz - und Beteiligungs Aktiengesellschaft. The total purchase price amounted to ca. €31 million.

JLL: Flat Tax Increase Will Postpone the Real Estate Investors Return

The eventual increase of the flat tax will damage Romania’s competitiveness, and the negative effects could not be counteracted by VAT decrease, has declared Gijs Klomp, head of Jones Lang LaSalle (JLL), saying that all the real estate market segment will be impacted by such a measure.

Real Estate Investors Brought EUR 215 Million for Romanian Subsidiaries in 9 Months

Romanian real estate investors with foreign shareholders have received in the first nine months EUR 215 million capital increase in total, growth being registered compared to last year’s similar period, when the subscriptions totalized approx. EUR 200 million, according to Trade Registry.

Most Active Real Estate Investors in the last 10 Years in Romania

Immofinanz, NEPI, CA Immo, RREEF, IGD, Argo Real Estate and Globalworth were the most active real estate investors in Romania in the last 10 years, their acquisitions representing half of the total value of the transactions concluded starting 2004.

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