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Articles - transactions

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.

ING Tech to rent its headquarters in Dacia One building

RTPR Allen & Overy has advised ING Tech, the global software development hub of the ING group, on the lease of an office space with an area of 13,000 sqm for the new headquarters of the company. The space is located in Dacia One building, next to former Victoria Casino and is developed by Atenor Group.

The M&A market regained its pace in the second quarter of 2019

The mergers and acquisitions market in Romania revealed a significant growth in the second quarter of the year, compared to the first quarter and to the same period in 2018 as well. According to Deloitte estimates, the total market value, including transactions with undisclosed value, has been between EUR 1.4 and 1.6 billion, while the value of disclosed transactions reached around EUR 790 million.

Morgan Stanley will sign the takeover of America House from AEW Europe this summer

The transaction between AEW Europe and Morgan Stanley for America House, a 27,500-square-metres office building in Victoria Square in Bucharest, could be signed this summer after negotiations lasting at least two years.

First Bank sells the office building in Victoriei Square, where the bank's headquarters are located

First Bank, owned by the US investment fund J.C. Flowers sold the office building in Victoriei Square, where the bank's headquarters are located, to the businessman Dorin Mateiu, in a deal worth more than 20 million euros

MEDIAFAX GROUP relocate its headquarters to One Victoriei Center office building

Mediafax Group is moving its headquarters in One Victoriei Center, the office building located near Piata Victoriei, where it has leased a surface of 2,235 sqm. The transaction was intermedieted by Regatta Real Estate.

ANCOM is looking for a new headquarters, being willing to offer for the real estate transaction an amount of 141.5 million lei

The National Regulatory Authority for Communications (ANCOM) may start the procedure for the purchase of a real estate in which to move its headquarters, a project estimated at over 141.5 million lei (VAT included.

ATENOR leased 13,000 sqm within DACIA ONE office project to ING Tech

ING Tech signed for a 13,000 sqm office building in construction a ten-year lease.
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