Articles - transactions

Real estate consultants expect surprise transactions on office and retail markets in 2017

Romania will still be a success story in real estate in 2017, as 2017 is expected to bring interesting volumes and nice surprises concerning the active investors, with focus on offices and retail, new names being expected to show on the local market, according to real estate consultants.

2016, year of growth on the office market: three times more office buildings deliveries in Bucharest , transactions 20pct up

2016 was a good year for the office rentals market. Following five years with office deliveries at lower level of maximum 125,000 sqm, registering in 2015 a minimum low of the last ten years – 85,000 sqm, 2016 registered three times increase of the new spaces offer, with 280,000 sqm.

Waters Romania expands it offices in Coresi Business Park Brașov

Software company Waters Romania plans to hire more than 100 new employees in Brasov, expanding its offices within Coresi Business Park to 3,500 sqm.

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

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).