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Articles - transactions

Ţiriac took over his partners’ share in the office project in Victoriei Square, Bucharest

A company within Ţiriac Imobiliare, the real estate division of the businessman Ion Ţiriac, took full control over the office project Buzeşti Center near Victoriei Square in Bucharest, an investment estimated to EUR 30 million.

Real estate developer sells office building in downtown Bucharest

Real estate developer Plaza Centers sold the office building Palazzo Ducale to the company Long Bridge Electric TL, for EUR 1 million.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.

GLL buys Floreasca Park and Victoria Center for nearly EUR 120 million

German real estate assets management company GLL Real Estate Partners, the owner of the office building Charles de Gaulle Plaza in Bucharest, comes back on the Romanian market after almost 10 year, with two new acquisitions with a total value of nearly EUR 120 million, Floreasca Park and Victoria Center, have declared for Profit.ro sources in the real estate sector.

Global City Business Park signs three new tenants

Global City Business Park in northern Bucharest secured three new lease contracts, totaling 1,600 sqm.

TMF Group extends lease agreement in Central Business Park

TMF Group extended its lease agreement in Central Business Park, a transaction brokered by Knight Frank Romania.

Prologis sells logistics park near Bucharest to Czech group CTP

American group Prologis, the biggest industrial space owner in the world, recently sold the logistics park Prologis Park Bucharest A1 to Czech group CTP. The deal’s value was close to EUR 50 million, reports local Capital.ro.

NEPI buys Auchan Titan shopping center in Bucharest for EUR 86 mln

Real estate investment fund New Europe Property Investments (NEPI) has bought the Auchan Titan commercial center in Bucharest from Aberdeen Asset Management AG for EUR 86 million, the company announced this Wednesday.
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