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Articles - transactions

Globalworth paid EUR 42 million for the first building in Green Court complex

Real estate development company Globalworth has closed the acquisition transaction of the first building of the Green Court office project, paying EUR 42 million to Sweden’s Skanska, the developer of the building.

WCM buys Main Triangel building for €90m

German investor WCM Beteiligungs- und Grundbesitz bought the Main Triangel office building in Frankfurt for €90m.

Royal Ahold takes over Mega Image’s owner for EUR 9.3 bln

Dutch retailer Royal Ahold has reached an agreement to buy Belgian Delhaize Group for about EUR 9.32 billion (in shares) in what has been called “the industry’s biggest transaction for almost a decade,” according to Bloomberg. Delhaize Group operates some 423 stores in Romania mainly under the Mega Image retail brand.

Xerox rents additional 3,000 sq. m in Palas Iasi and hires 60 people

Iulius Group announces the signature of a new partnership with Xerox, which will expand its rented area to 4,000 sq. m in United Business Center 3 (UBC 3) office building within Palas Iaşi complex.

Negotiations advance for takeover of Billa Romania by Carrefour

For several months, negotiations between Carrefour Romania and Rewe’s supermarket network Billa have been stalling, but according to Ziarul Financiar they are now in an advanced state.

TriGranit: Romania has a bigger economic growth, but Poland is more active in real estate

Romania is a less attractive market compared to Poland in terms of investments or real estate or transactions, despite the positive macro-economic indicators, considers Bogdan Macarie, development director within TriGranit Develop­ment, the real estate development company in the portfolio of the businessman involved in several projects on the local market.

Secure Property Development buys EUR 18 mln assets in Romania

Investment fund Secure Property Development has completed the acquisition of a 24.35% stake in the Delea Noua office building in Bucharest, which hosts Romania’s communications authority ANCOM, as well as several apartments.

Bucharest office transactions top: Oracle, Genpact and Carrefour

Largest ten office transactions in Bucharest in the first four months of this year totalled approx. 48,500 sq. m, most of them being relocations, renegotiations or renewals, shows a study made by ZF, based on the data from real estate consultancy companies.

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