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Articles - transactions

Studium Green completes acquisition of a portfolio of 100 real estate assets from Immobiliare Italo Romena

Reff & Associates and Deloitte Romania provided assistance to Studium Green, the real estate developer from Cluj owned by businessman Dorin Bob, in the acquisition of a portfolio of 100 buildings and properties from Immobiliare Italo Romena, a subsidiary of the former Italian bank Veneto Banca (since 2017 in state of compulsory administrative liquidation).

Huawei extends its lease in the Globalworth Tower

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease in the Globalworth Tower building, Bucharest, for an extra of 1,000 sqm of office space. Thus, starting July 2022, Huawei will carry out its activity in a total area of 12,600 sqm in the first building in South-Eastern Europe to receive LEED Platinum.

Abolition of anti-Covid restrictions removed the Medical-Farma sector from the top of new tenants and encouraged the expansion of IT&C companies in Romania

The IT&C sector has returned to the top of the list of companies that rented office space in the first quarter of 2022, according to a study conducted by Fortim. In 2021, the Medical - Pharma sector ranked first, with 16.9%, followed by IT&C with 16.7%. In 2022, the Medical-Pharma sector will no longer enter the Top 5 fields of activity from which the new requests for space come, accumulating only a percentage of 2% of the rented space market.

ALTIUS relocated its offices to One Tower building

ALTIUS, leader in the Romanian veterinary market, has relocated its offices to the One Tower building, one of the first green buildings in Romania, starting April this year.

Romanian real estate investment market still has the resources to cross the EUR 1 billion milestone in 2022

Given the high activity levels seen at the start of the year, with several deals already closed or signed in the first month, investment volumes in Romania could finally exceed 1 billion euro în 2022, according to the 2021 annual report released by Colliers.

S IMMO AG acquires Expo Business Park in Bucharest from Portland Trust

With the purchase of the Expo Business Park in Bucharest, the publicly listed S IMMO AG has added another high-quality office property to its portfolio.

Spotawheel – one of the fastest growing tech platform in Europe, opens its business in Romania in Sema Parc

River Development announces that Spotawheel Romania opens their offices in Sema Parc – Paris office building. One of Europe’s most technologically advanced and fastest-growing used car platforms signed the lease for over 800 sq m office space and an additional 11,000 sq m showroom outdoor space.

TOP areas preferred by office tenants in Q1 2022

In Bucharest, the western area attracted the most office tenants, with rental transactions with a total area of 17,388 sqm, here deliveries are also at a record level in 2022. The surprise is the second place, the area of center-south, which quickly climbed to the top, thanks to the U Center project, in the Tineretului neighborhood, according to a study conducted by Fortim T.A., a member of the BNP Paribas Real Estate Alliance.
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