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Articles - transactions

Shareholders of Industria Iutei rejected Bucharest plot sale to Dedeman

Shareholders of the manufacturer Industria Iutei Bucharest have rejected the proposal of sale of a 2.7 ha plot in Trafic Greu area of Bucharest to the DIY retailer Dedeman, owned by Adrian and Dragoș Pavăl.

Autoliv Romania rents around 5,100 sqm in Timisoara

Iulius Group has announced a newly signed partnership with Autoliv Romania, subsidiary of Autoliv, Swedish manufacturer of automotive safety systems, regarding the leasing of approx. 5,100 sqm in the United Business Center 2 (UBC 2) class A office building within the Openville Timisoara mixed use ensemble, according to a company press release.

Real estate transactions value in Romania registered 30 pct. growth in the first quarter, up to EUR 180 million

Real estate transactions value in Romania in the first quarter reached EUR 180 million, with more than a half, EUR 96 million, represented by office projects sales in Bucharest, shows a study of JLL.

Real estate and manufacturing, first on investors’ radar in 2015 in Romania

Manufacturing, real estate, banking and IT sectors were last year the stars of the mergers and acquisitions market in Romania, with more than half of the total registered transactions in 2015.

New tenants replacing Carrefour offices in Bucharest’s office building Anchor Plaza

Fashion retailers Marks & Spencer and LcWaikiki have relocated their offices in the latest months in the office building Anchor Plaza from Bucharest’s district Drumul Taberei.

Romania sees 6.5% annual growth in the number of real estate deals

Romanians concluded almost 212,000 real estate deals in the first quarter of this year, 6.5% more than in the same period last year, according to the National Agency for Cadaster and Registration (ANCPI).

GTC bought two office buildings in Piaţa Victoriei: Premium Point and Premium Plaza

Real estate company GTC (Global Trade Centre), the developer of projects in Bucharest such as America House in Piaţa Victoriei or City Gate towers in Piaţa Presei, bought the office buildings Premium Plaza and Premium Point, according to sources close to the transaction.

SII Romania relocates to AFI Park 4&5 in Bucharest, on 1,500 sq. m

The technology and IT systems SII Romania rented 1,500 sq. m in the office building AFI Park 4&5 from Bucharest, where it will relocate starting with May, announced DTZ Echinox, the broker of the transaction.

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