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South Africa's Growthpoint to buy 26.9% of Globalworth Real Estate Investments

South Africa's Growthpoint to buy 26.9% of Globalworth Real Estate Investments

South Africa-listed real estate investment trust (REIT) Growthpoint Properties said on Thursday it will subscribe for an initial 26.9% stake in London Stock Exchange-listed Globalworth Real Estate Investment Limited, a real estate investment company targeting opportunities in Romania, following a 186.4 million euro ($197.5 million) investment.

Romania recorded 703,500 real estate transactions in January-September 2016

Romania recorded 703,500 real estate transactions in January-September 2016

Over 703,500 real estate transactions were recorded at national level January-September 2016, 56,000 more than in the same period of 2015, with most of them being conducted in Bucharest, Ilfov and Timis, reveal data released on Monday by the National Agency for Cadastre and Real Estate Advertising (ANCPI).

Japanese game testing company opens office in Bucharest

Japanese game testing company opens office in Bucharest

Japanese test outsourcing company Pole To Win International will open an office in Bucharest, in October. This will be the company’s third office in Europe, the other two being located in London and Glasgow.

Microchip Technology expands with 1,000 sq. m its lease in AFI Park 1

Microchip Technology expands with 1,000 sq. m its lease in AFI Park 1

Microchip Technology Romania expanded its office in Bucharest with 1,000 sq.m, by leasing an upper floor in AFI Park 1 office building, where nearly 100 new employees will work.

Average companies rented with 14 pct more offices compared to last year

Average companies rented with 14 pct more offices compared to last year

In H1 2016, the segment of office transaction with areas up to 1,000 sq. m was relatively constant, while the segment of offices for average companies, with areas between 1,000 and 3,000 sqm has increased with 14 pct.

New tenant in Green Court Bucharest

New tenant in Green Court Bucharest

T-Me Studios, a mobile apps developer in the segment of customizing and gaming rented an area of 800 sqm in the C building of the Green Court Bucharest project, developed by Skanska.

Real estate investment volume more than doubles in H1 in Romania, says CBRE

Real estate investment volume more than doubles in H1 in Romania, says CBRE

Real estate investment volumes increased by 107 percent in Romania in H1 2016 compared to H2 2015, totaling EUR 359 million, according to a CBRE report. This is one of the highest levels reported over the past five years, according to report.

AFI Europe Romania looking to sell three office buildings in Bucharest for EUR 92.7 mln

AFI Europe Romania looking to sell three office buildings in Bucharest for EUR 92.7 mln

Real estate developer AFI Europe Romania has signed in June a letter of intent for the sale of three office buildings that it owns in Bucharest.

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