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Articles - transactions

White Star acquires AIG real estate platform

AIG has announced that it has sold 100 percent of the interests in the joint-venture management company formerly known as AIG/Lincoln to White Star.

TPG buys TriGranit for more than 500 million euro

U.S. private equity firm TPG has agreed to buy Hungarian real estate developer TriGranit and its more than 500 million euros ($547.95 million) worth of commercial property assets in Central and Eastern Europe, TriGranit said on Monday.

Domenii Park complex sells over 90 pct of the apartments

Domenii Park, an investment of EUR 16 million by Cyrom Investment, announced that it sold over 50 of the 63 apartments in the complex located in northern Bucharest.

Regus to open new 1,400 sqm centre in Prague

Regus will open its new centre at the end of July in Palac I.P. Pavlova in Prague’s Vinohrady district.

European CRE investment increases 15 pct on Q2 2014

Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE.

Qualitance expands office spaces by 600 sqm

Qualitance has expanded its office spaces from 550 square meters to 1,150 square meters, announces DTZ Echinox.

Skanska’s second office building in Bucharest, now 72% leased

Swedish real estate developer Skanska has reached a 72% occupancy rate for its second office building in Bucharest, after signing in a new tenant, software producer RINF Outsourcing Solutions.

Secure Property bought Praktiker Craiova for EUR 6.1 million

Investments fund Secure Property Development & Investment has completed the acquisition of Praktiker store in Craiova from Cyprus’s fund Bluehouse Capital for EUR 6.1 million, a price 39 pct. lower than the acquisition price paid by the seller four year ago.

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