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Articles - tranzactii

Bucharest office transactions top: Oracle, Genpact and Carrefour

Largest ten office transactions in Bucharest in the first four months of this year totalled approx. 48,500 sq. m, most of them being relocations, renegotiations or renewals, shows a study made by ZF, based on the data from real estate consultancy companies.

Portland Trust signed with Oracle for office building in Bucharest

American giant Oracle will rent over 20,000 sq. m in the office project Oregon Park in Northern Bucharest, investment of the group Portland Trust, headed by the British Robert Neale, have declared for ZF sources in the market.

French retailer Carrefour ponders taking over the local operations of supermarket network Billa.

Mega Image also considered the transaction, but withdrew from the race. The deal could amount to EUR 70-90 million, according to market sources, cited by local Ziarul Financiar.

Cypriot fund buys real estate in Romania

Cyprus-based investment fund Secure Property Development & Investment recently bought the Praktiker store in Craiova, a part of the Delea Noua Office Building in Bucharest and houses located on the Grivita lake and in the south of Sofia, Bulgaria.

43 pct increase of the office spaces rented by companies with 25 up to 60 employees

Medium companies, with 25 to 60 employees, were the most active on the office market in the first four months of 2015 compared to other categories of SMEs.

DTZ to buy Cushman&Wakefield for 2 billion $

Exor signed an agreement for the sale of Cushman&Wakefield to the real estate company DTZ for 2 billion dollars, including debts.

Fewer real estate transactions in Romania in the first quarter

The number of real estate transactions in Romania dropped in the first quarter of the year, to 199,122, down 7,000 year-on-year.

Casa de Insolvenţă Transilvania relocates its offices to Green Court in Floreasca

Casa de Insolvenţă Transilvania (CITR), judicial administrator for insolvent companies, relocates in June its headquarters from Phoenicia Business Center, situated near Unirii Blvd., in Bucharest to the business park Green Court, situated in Barbu Văcărescu area,a ccording to sources in the market.

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