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Articles - transactions

Deutsche Telekom leases building in Globalworth Campus

Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office building in Papalekas’ Globalworth Campus office development in northern Bucharest.

AEW Europe acquires prime building in Lille

AEW Europe announced the acquisition of the “L’Opéra Faidherbe” building in Lille on behalf of an institutional client. The 8,322 sqm asset is split between retail and offices with the latter accounting for circa 5,000 sqm and is fully let to a number of high quality tenants.

Ponderas hospital to relocate from Dristor area to Art Business Center in Northern Bucharest

Bucharest’s Ponderas hospital, specialized in bariatric surgery (treatment for obesity), will relocate in the beginning of next year from Dristor area to Art Business Center building located on Nicolae Caramfil St. in Northern Bucharest, where it has rented approx. 8,000 sq. m

A group of real estate investors to fully rent the 6th floor of Ethos House

A group of companies owned by real estate developers and investors joins the tenants of the new office building Ethos House by renting nearly 1,000 sq. m representing the entire 6th floor of the building, a transaction brokered by Crosspoint Real Estate.

Real estate deals to exceed EUR 1 bln in Romania this year

Real estate deals will exceed EUR 1 billion in Romania this year, which is a record since the crisis hit the local market.

Secure property successfully completes the EUR 5.85 million acquisition of Danone building in Bucharest

SECURE Property Development & Investment PLC announces that, further to its announcement of 29 August 2014, it has completed the acquisition of the EOS Business Park, a fully let income producing office building in Bucharest, Romania, which is the Romanian headquarters of Danone, the French multinational food company.

Office transactions top in nine months: Renault, Vodafone and Orange signed biggest leases in Bucharest

The office request in Bucharest determined the vacancy drop from 15 pct to 14 pct.

Adamescu sells 3.6 pct of Unirea Shopping Center stake to stepson For EUR 0.5 mln

Romanian businessman Dan Adamescu has sold a 3.6 percent stake in Unirea Shopping Center to his stepson, Rani Palade, for RON 2.2 million (EUR498,400).

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