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Articles - transactions

Globalworth acquires Unicredit HQ building for EUR 43 million

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, bought office building UniCredit HQ from businessman Raul Doicescu, in a EUR 43 million transaction approved by the Competition Council.

Mars Inc. and Royal Canin to consolidate their Romanian operations

Mars Inc. has extended the lease for the premises of approx. 600 sq. m occupied within the office building situated on 169A Calea Floreasca St., owned by NEPI. Royal Canin has relocated next to its parent company, Mars Inc., renting an office space of approx. 350 sq. m on the 7th floor of the A building, in order to offer more visibility to the operations in Romania and to be more efficient in their communication with the clients.

The Advisers/Knight Frank signs the relocation of Honda to Global City

The Advisers/Knight Frank, leader of the office market for the past 5 years and recently awarded „Office Agency of the Year” at the CIJ Awards 2014, has advised on the relocation of Honda Trading Romania in Global City.

Globalworth buys office building Nusco Tower and nearby terrain for EUR 50 mln

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, on Monday announced the acquisition of office building Nusco Tower for EUR 46 million and of the nearby 2,400 square meters land plot Nusco Land for another EUR 4 million.

UNATC bought EUR 3 million headquarters in Bucharest’s Universitate area

The building was erected in 2003 and has a total built area of approx. 1,798 sq. m and a land of 726 sq. m , including semi-basement, ground floor and three upper floors, according to Esop Consulting, the company which has brokered the transaction.

AFI Europe: We think about selling the offices near Cotroceni mall

Israeli group AFI Europe, controlled by the businessman Lev Leviev, is analysing the selling of the office buildings developed near AFI Palace Cotro­ceni mall in Bucharest, but is expecting the institutional investors entry on the local market, which are able to pay higher prices compared to current opportunistic funds active in Romania.

Globalworth buys first building of Green Court Bucharest for EUR 44 mln

Skanska has sold the first building of its Green Court Bucharest office project to Globalworth Real Estate Investments for EUR 44 million, the developer announced today. Closing of the acquisition is scheduled for the second quarter of 2015.

Wolf Theiss assists VB Real Estate in sale of Romanian subsidiary

Wolf Theiss assisted VB Real Estate Services GmbH with the sale of its Romanian subsidiary, Immorom Sigma to PVN Romania and Inprox Bucuresti, both subsidiaries of the bauMax group, for a consideration of EUR 17 million. The buyers in the transaction were assisted by Noerr.

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