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Articles - transactions

1.1 million Euros investment in a 2,100 sq.m. fitness club in Vox Technology Park

Vox Technology Park from Timisoara leased 2,100 square meters to Nextfit, which will open in November an fitness club within the office project.

Investments of 410 million euros in Romanian real estate projects

The investment volume from the first semester of 2019 amounted to approximately 410 million euros, up 6% compared to the similar period of last year, when investments were made on the local market with an investment value of 386 million of euros, according to Cushman & Wakefield Echinox calculations and estimates.

Vertiv takes 4,500 sq m office space in Cluj-Napoca

American company Vertiv signed a rental transaction of 4,500 sq m office space in the Advancity Business Center building, located in the central area of Cluj-Napoca.

LSG Group sold the Hagi Ghiţă office building with 2.8 million euros

LSG Group has sold the Hagi Ghiţă office building to a multinational company operating in the field of industrialized agricultural production.

IT&C, BPO and SCC companies occupied most of Bucharest's office space in Q2 2019

Companies in IT & C, BPO and SCC fields have signed contracts for 42% of the total rental, pre-lease and extension transactions of office space in Bucharest.

AFI Europe to buy NEPI Rockcastle portfolio of office buildings in Romania

AFI Europe signed a non-binding letter with NEPI Rockcastle, aquiring exclusivity in the acquisition of the fund’s office buildings portfolio in Romania

AFI Europe takes another step towards taking over Radio House, a 1 billion-euro project

AFI Europe has recently announced the conclusion of the sale-purchase pre-contract for the majority of the Casa Radio project with Plaza Centers.

The office area rented in the first half of the year increased by 17.6%

The second quarter of 2019 reconfirmed the increased interest for office market in Romania. Over 115,000 square meters of office space were rented over this period at the national level, a value similar with that registered in the second quarter of 2018.
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