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Articles - transactions

Cypriot fund buys real estate in Romania

Cyprus-based investment fund Secure Property Development & Investment recently bought the Praktiker store in Craiova, a part of the Delea Noua Office Building in Bucharest and houses located on the Grivita lake and in the south of Sofia, Bulgaria.

43 pct increase of the office spaces rented by companies with 25 up to 60 employees

Medium companies, with 25 to 60 employees, were the most active on the office market in the first four months of 2015 compared to other categories of SMEs.

DTZ to buy Cushman&Wakefield for 2 billion $

Exor signed an agreement for the sale of Cushman&Wakefield to the real estate company DTZ for 2 billion dollars, including debts.

Fewer real estate transactions in Romania in the first quarter

The number of real estate transactions in Romania dropped in the first quarter of the year, to 199,122, down 7,000 year-on-year.

Casa de Insolvenţă Transilvania relocates its offices to Green Court in Floreasca

Casa de Insolvenţă Transilvania (CITR), judicial administrator for insolvent companies, relocates in June its headquarters from Phoenicia Business Center, situated near Unirii Blvd., in Bucharest to the business park Green Court, situated in Barbu Văcărescu area,a ccording to sources in the market.

American hedge fund sells USD 32 mln worth of Romanian Fondul Proprietatea stock

American hedge fund Elliott was the first to take advantage of Romanian investment fund Fondul Proprietatea secondary listing on the London Stock Exchange (LSE).

Immofinanz closes new leases for 3,600 sqm of office space in Bucharest

Austrian real estate company Immofinanz has signed new leases for office space totaling over 3,600 sqm (GLA) in some of its Bucharest projects and lease extensions for another 7,000 sqm, the company announced on Tuesday.

Flash Office Solutions doubles its space in Maria Rosetti Tower, with the help of ESOP

Flash Office Solutions has rented its second office floor in Maria Rosetti Tower building in Bucharest, the expansion transaction being brokered by the company ESOP Consulting.

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