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Articles - transactions

Real estate acquisitions made by NEPI cover more than 60% of the total volume of the transactions

The total value of the real estate transactions reached in 2013 EUR 335 million, with 10% increase compared to last year. The acquisitions made by New Europe Property Investments (NEPI) fund represented more than two thirds of the total value of the transactions, Mediafax informs.

Scuta, JLL: Several companies decided to expand in Romania. Our expectations have been exceeded

The office market registered a visible growth in 2013 compared to 2012, which went parallel to the economic growth.

Spectacular Growth of Industrial and Logistic Facilities Transactions

The area of the industrial and logistic facilities transacted in 2013 totalized 150,000-170,000 sq. m, with a spectacular growth compared to the previous year, the production companies being the most active, has declared for Mediafax Marian Orzu, the head of the industrial department within CBRE.

NEPI bought City Park Constanta for EUR 81 million

South-African investment fund NEPI, with assets of almost one billion Euros on the local market, bought for EUR 81 million the City Park in Constanta, developed by Israeli investors, in the largest real estate transaction of this year.

Liviu Tudor: In 2014 we could assist to important office transactions

In 2014 many of the leases for offices spaces signed in 2009 will expire and the ones signed in 2010 will near their maturity, so we could assist important transactions, considering 2009 was a generous year in new office deliveries.

Real Estate transactions number - 16% Growth in the first ten months

The number of the real estate transactions has increased with over 92,000 in the first ten months of 2013, compared to the similar period of 2012, reaching 673,517, according to the National Agency of Cadastre and Real Estate Publicity.

Real Estate Deals of the Year

Romania’s market for mergers & acquisitions (M&A) has remained at around EUR 1 billion in 2013, driven by deals in the banking and renewable sector, although big investors have held back and are carefully planning moves for next year, say deal makers.

Largest Office Areas Rented this Year

The total area estimated for office lease transactions in 2013 is 250,000 sq. m, with 10% increase compared to last year’s volume, according to a recent market research of RICS Romania. UpGround and AFI Park attracted the largest office lease transactions by far. Wall-Street.ro made a top of the transactions this year, including new leases and expansions.

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