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Articles - transactions

Xerox Romania moves into new HQ in Hermes Business Campus

Xerox Romania announced it will be moving into a new headquarters located close to Pipera subway station, in the Hermes Business Campus, developed by Properties Investment (Atenor Group) starting June 30.

Maurer buys 3.4 ha in Brasov for Avantgarden3

Real-estate developer Maurer Imobiliare, founded by Simon Maurer, bought a 3.4 ha terrain in Brasov for the third phase of residential project Avantgarden3, where the company has already built 1,600 apartments.

Buzoianu family to sell Retrasib to invest in Cluj Business Center

Businessmen Octavian and Călin Buzoianu, who control over 80 pct. of the Retrasib Sibiu (RTRA)shares, mostly through the companies Institut Proiect and Trafo Proiect, intend to sell their shares in the engine, generators and electric transformers manufacturer to the German company SGB-Smit International, in order to focus on other projects ongoing.

Ursus leases 9,300 sqm in Log Center Timisoara

Immofinanz announced on Thursday that it has signed a five years lease for 9,300 square meters of logistic space with Ursus Breweries. The brewer will become a tenant of Log Center Timisoara, one of the biggest logistic properties in the Immofinanz portfolio.

Colliers expects almost EUR 2 million from offices

Colliers International, one of the largest real estate agencies on the local market, with a turnover of EUR 3.5 million in 2013 according to data on Ministry of Finance website, targets by the end of this year to double its consultants and brokers team in the office department and to triple its revenues from this sector, according to Georgiana Andrei, who was recently appointed as office & retail agency director, basically number two in the firm.

AEW Europe completes first close of European value-add fund

AEW Europe announced today the first closing of the Europe Value Investors Fund with commitments from 6 investors totaling €101 million. The fund expects to undertake further closings in 2014 targeting a total investment capacity of €700 million and will focus on core plus and value add opportunities in the office sector predominately in Germany, France and the UK.

Globalworth buys 30,000 sqm of land in Pipera

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought several land plots totaling 30,000 square meters in northern Bucharest, for EUR 14.3 million, for commercial (office and retail) development.

Dinu Patriciu sold an office project in Berlin to a German investment company

The German investment company Real IS Investment bought from Dinu Patriciu an office complex in Berlin, bought by the businessman in 2006-2007.

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