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Articles - tranzactii

Revetas bought Vitantis retail park in a transaction of EUR 20 mil. debt assumption

Equest Balkan Properties sold the commercial park Vitantis Shopping Center in Bucharest to the company Revetas Capital, specialized in distressed assets acquisition, in a transaction of EUR 20 million debt assumption.

Real estate transactions volume tripled in H1 2014

Real estate transactions volume in Romania reached EUR 400 million in the first half of the year, nearly three times more than in the same period of last year, said Marius Grigorica, associate director capital markets within DTZ Echinox.

Globalworth ventures outside the Capital: invests EUR 35 mln in logistics park in Timisoara

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought logistics complex Timisoara Airport Park for EUR 18 million from Invest4SEE.

Genpact leases remaining 3,000 sqm in United Business Center Tower

United Business Center Tower, developed by Iulius Group in Cluj-Napoca, has reached a level of occupancy of 100 percent after Genpact announced it leased the remaining 3,000 square meters in the office building developed by Iulian Dascalu’s company.

Kingfisher gets closer to buying competitor Mr. Bricolage, Romania included

British group Kingfisher, one of the largest do-it-yourself (DYI) retail groups in Europe, is close to finalizing the takeover of French rival Mr. Bricolage.

French group Sanofi to move its Romanian headquarters to Skanska’s Green Court office complex

French group Sanofi, one of the largest pharmaceutical groups on the Romanian market, will move its local headquarters to the Green Court office complex developed by Swedish group Skanska.

Immofinanz exits logistics market in Poland, Czech Republic and focus on Romania, Germany, Russia

Austrian group Immofinanz, one of the largest property investors on the Romanian market, sold two logistics projects in Poland and the Czech Republic for EUR 33.2 million, and announced it will focus on developing such projects in Germany, Romania and Russia, the company’s representatives said.

Rented offices reached 132,000 sq. m in H1, 27 pct. growth compared to 2013

The office area transacted in Bucharest in H1 2014 totalized 132,000 sq. m, with 27 pct. growth compared to the similar period of last year, most of the transactions being completed for existing buildings, respectively 40 pct of the total.

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