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Articles - transactions

Novo Nordisk has completely leased the 9th floor of the office building Țiriac Tower in Bucharest

The pharmaceutical company Novo Nordisk has completely leased the 9th floor of the Țiriac Tower office building, developed by Țiriac Imobiliare, located in Victoriei Square.

Deloitte Analysis: 2020, a difficult year for the M&A market

The mergers and acquisitions market (M&A) recorded 19 transactions in Romania in the first quarter of the year, four more compared to the same period in 2019. According to Deloitte’s estimates, the total value of the market, including transactions whose values were not disclosed, was between EUR 600 and 750 million in Q1 2020 (EUR 200-300 million in Q1 2019), while the disclosed transactions accounted for EUR 337 million (EUR 120 million in Q1 2019).

Skanska leased 21,000 square meters of office areas in Bucharest in 2019

Skanska, the largest office building developer in Europe, leased in 2019 21,000 square meters of office areas in its latest projects in Bucharest: Equilibrium 1, Campus 6.2 and 6.3.

TC Capital leases office spaces to Shikun&Binui and Danya Cebus, in Hyperion Towers

TC Capital announces the signing of new leasing contracts with two international companies, Shikun & Binui and Danya Cebus, for approximately 700 sq m of class A office spaces in Hyperion Towers, located on Pipera Boulevard.

Large office transactions were signed only by IT&C and Financial companies in 2019

Seven large leasing transactions, with an area of over 10,000 sqm, completed in 2019, totaled an area of 104,520 sqm, which represents about one third of the total of new office rentals (leases, pre-leases and extensions) in Bucharest.

Czech investor becomes CPI PROPERTY GROUP Globalworth’s largest shareholder

CPI PROPERTY GROUP purchased 3,680,494 shares in Globalworth Real Estate Investments Limited through a broker.

The property investment volume will surpass the €1.1 billion mark in 2020

The real estate investments volume will exceed 1.1 billion euros this year, transactions over 700 million euros being already signed or in due diligence process.

Bucharest office rental market 7% up in 2019, new spaces demand 11% up in 2019 compared to 2018

In Bucharest, the transactions for renting office space have totaled an area of 385,800 sqm, which is 7% more than in the previous year, according to a study by ESOP Consulting. The market engine was the segment of the new demand, which reached 308,000 sqm, compared with 277,600 sqm, as it was in 2018. Renegotiations have decreased slightly.

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