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Articles - transactions

NEPI rents out 10,500 sqm of City Business Centre in 2015

City Business Center, an office complex in Timisoara, has reported a record leasing volume in 2015, NEPI, the project’s owner, has announced. Thus, last year there were a total of 10,500 sqm of space rented, once the project’s E building was open for tenants.

Webhelp opens new customer care center in Romania’s Iasi, hires 300

French group Webhelp, which is active in the Business Process Outsourcing sector, will open a new customer care center in Iasi where it will hire 300 people.

Romania sees 45 pct yearly drop in property transactions in 2015

Property transactions (including office, retail and industrial) reached a record level in Central and Eastern Europe, shows a CBRE report, which places Romania fifth in the region with deals totaling EUR 644 million, 45 percent below the 2014 level.

British investment fund buys nine plots in Romania where Lidl stores operate

British investment fund First Property Group has bought, together with other investors, the plots where nine Lidl stores operate for EUR 10.5 million.

Altex to relocate 200 employees in Pipera business district in Bucharest

The electro-IT retailer Altex, the leader of the market segment in Romania, with revenues of 1.5 billion lei in 2014, will relocate its headquarters from Piata Presei Libere zone to Pipera, according to sources in the market.

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Billa exits Romanian market, retail network passes to Carrefour

Carrefour announced the signing of an agreement with Rewe Group, in which Carrefour takes over the German company’s retail network of 86 supermarkets in Romania. With this move, Billa exits the Romanian market.

Benţa family in Targu Mures has developed a nine-storey office building for E.ON

Benţa family in Targu Mures, which controls the manufacturer of paints and varnishes Daw Bent has completed an investment of 29 mil. Euro in an office building of nearly 23,000 square meters, a project where the energy group E.ON relocated its operations in the city.

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