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Articles - tranzactii

Real estate market in Romania continues growth; international investors and developers’ interest increasing

Local real estate market will continue the positive trend of the last years, with growth estimated on key-segments such as investments market, office and industrial, according to the most recent study of a real estate consultancy company.

Romanians conclude more real estate deals in 2015

Romanians concluded over 890,000 real estate transactions at national level last year, up by 8% compared to 2014. It was the peak of the last eight years.

Software company Misys, first tenant of Orhideea Towers in Bucharest, project developed by CA Immo

Investment fund CA Immo has pre-leased an area of 8,000 sq. m of offices in Orhideea Towers building to the financial software company Misys International Financial Systems, being the first tenant of the project developed near the metro station Grozăvești.

Unica Sport from the Republic of Moldova, first tenant of C building Skanska’s Green Court Bucharest

Swedish company Skanska attracted its first tenant for the third building in the office complex Green Court Bucharest, Unica Sport, which rented an area of 630 sq. m for a gym, to be opened in June, the estimated completion date of the project.

GTC paid EUR 18.1 million to be sole owner of City Gate Northern Bucharest

Real estate developer GTC took over the entire office project City Gate in Piața Presei Libere from Bucharest, through the acquisition of 41.1 pct. of the shares, owned by the Cyprus investment Bluehouse Capital, for EUR 18.1 million.

Volksbank sold downtown Bucharest office building to Azeri company

Austrian Volksbank sold for approx. EUR 5 million an office building downtown Bucharest, near Cathedral Plaza, to the company NIS Imob, controlled by the Azeri Socar’s management, according to ZF information.

Richest Czech enters Romanian real estate market with the acquisition of Metropolis Center office building in Bucharest

The Czech Petr Kellner, with a fortune of 11 billion dollars, buys the office complex Metropolis Center in Dorobanţi area of Bucharest from Austrian Soravia, according to ZF.

Adam America buys Phoenix Tower from Aberdeen Asset Management and Commerzbank

Asset fund manager Aberdeen Asset Management and German lender Commerzbank have sold the office building Phoenix Tower in Bucharest to New York-based Adam America, a developer and operator of residential real estate, for an undisclosed sum.

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