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Articles - land transactions

Ioannis Papalekas intends to buy Automatica land in Floreasca

Real estate investment fund of Global Finance is in advanced negotiations with Ioannis Papalekas, one of the biggest investors on the Romanian real estate market, for the sale of the project (land) Auto­matica/ Ford Building in Calea Floreasca from Bucharest, according to sources in the market.

Dedeman and Lidl to buy from Plaza Centers a land of 46,000 sq. m in Iasi

Real estate developer Plaza Centers negotiates with Dedeman and Lidl the sale of a land of approx. 46,000 sq. m in Iasi, with an estimated value of EUR 7.28 million.

AFI Europe buys land for a mall in Brasov

AFI Europe closed a preliminary agreement to purchase the land owned by the retailer Cora in Brasov Civic Center, where the company wants to build a mall, the decision being taken in the context in which the first project of this type in the city, Coresi, developed by Immochan, will be delivered next month.

Primavera Development bought a plot in Bucharest’s Dorobanţi area and enters residential segment

Primavera Development, company controlled by the Tănăsoiu family and Dutch Eelko Kortaweg, will start this year the development of its first residential project in northern Bucharest and also targets the opening of construction works for two new office buildings, one of which on a land of 2,300 sq. m recently bought on Calea Dorobanţilor.

Dedeman to pay EUR 7 million to Prigoana for a plot Patelimon

DIY retailer Dedeman, owned by Paval brothers, will buy a land of 5 ha in Pantelimon from Rosal Grup, owned by Honorius Prigoana, one of the sons of Silviu Prigoana.

Costel Căşuneanu’s sons took EUR 3,700/sq. m for a plot in Unirii

On the plot of land sold by the family, an office tower with 17 floors is scheduled for construction.

Hercesa sold nearly 13,000 sq. m of land in Carrefour Orhideea area

Spanish real estate developer Hercesa concluded the selling transaction of a land of 12,700 sq. m to a buying vehicle owned by the real estate development company Primavera Development and Forte Partners.

Dedeman buys plot of land in Hunedoara for EUR 1.2 mln

Real estate developer Plaza Centers has sold a 41,000 sqm plot of land in Hunedoara, center-west Romania, for EUR 1.2 million to local DIY retailer Dedeman, according to Mediafax newswire. The selling price is only half the property’s 2013 valuation.
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