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Articles - transactions

Immofinanz sells logistics portfolio to Blackstone

Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).

GLL RE Partners acquires Victoria Office Center

GLL Real Estate Partners has acquired Victoria Office Center in Bucharest for a price believed to be around €27m.

Immofinanz to let a third of the first phase of LOG.IQ Bucharest

Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.

Globalworth to buy from Skanska second office building in Green Court project

Swedish Skanska, a company which developed two office buildings and is currently developing the third building within Green Court of the project to project in northern Bucharest, is selling the second building to Globalworth, controlled by the businessman Ioannis Papalekas, the buyer of the first one, according to sources of ECONOMICA.NET.

Companies rented in the first nine months in Bucharest offices for 8,000-10,000 new employees

The new office request in Bucharest totalized nearly 81,000 sq. m, almost 40 pct. of the total rented area in the first nine months of the year, and the IT sector continues to rule the market, according to a new study of JLL.

Major changes in the top of the largest buildings owners in Romania

The leaders of the three commercial segments of the real estate market in Romania, emerged before 2009, seamed unbeatable after the crises came, but they were however dethroned in a record time, by investors which are hard to overtake.

Businessman Radu Dimofte buys a building downtown Bucharest

Romanian businessman bought for nearly EUR 1.4 million the TMUCB headquarters on Magheru Boulevard in Bucharest, through his company Grand Plaza Hotel, the administrator of the Sheraton hotel in Bucharest.

Top office rentals in Romania

Bucharest dominates the market, and the IT and outsourcing companies rented most of the space.
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