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Articles - tranzactii

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.

RICS Romania: 10 pct. Growth of the Office Area Transacted in Bucharest

The office area transacted in Bucharest this year will exceed 250,000 sq. m, with 10% growth compared to last year, with outsourcing, IT and pharmaceutical companies being the most active sectors, representing three quarters of the rentals, according to a research of RICS Romania.

Dutch investor buys the former communist department store Bucuresti in the Old Town

A Dutch investor has bought the building of the former communist department store Bucuresti for some EUR 4 million, according to Romanian daily Ziarul Financiar.

Pullman Hotel, put on sale in January, for EUR 20 M

The Pullman Hotel of Bucharest (formerly Sofitel) will be put on sale in January for EUR 20 M, in order to partly cover the debts of World Trade Center Bucharest (WTCB), the insolvent company that controls the hotel, sources close to the situation told Mediafax.

National Bank of Greece nears deal to sell property unit

National Bank of Greece, the owner of Banca Romaneasca, is close to clinching a deal to sell a majority stake in its fully-owned real estate arm Pangaia to private equity firm Invel Real Estate, two bankers close to the deal told Reuters on Sunday.

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