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Articles

Romanian shareholders sell 30% stake to Austrian group

Austrian group Reiwag and German company Fiden became the only shareholders of the local property and facility management company Building Support Services (BSS).

Regina Maria rented 1,500 sq. m in Charles de Gaulle Plaza

Regina Maria rented approx. 1,500 sq. m offices in Charles de Gaulle Plaza building, according to RTPR Allen & Overy, which assisted legally the medical services operator.

Value of GTC’s Romanian assets goes down by EUR 36 mln

Real estate developer GTC’s Romanian assets devalued last year by more than EUR 36 million. These include the office complex City Gate in northern Bucharest and its two retail gallerias in Arad and Piatra Neamt.

Immofinanz bids EUR 530 million for 29 pct of CA Immo

Austrian company Immofinanz, with real estate assets of over EUR 950 million in Romania, makes again an attempt to become a CA Immo shareholder, also active on the local market, through a takeover bid of over EUR 530 million for 29 percent of shares, reports Mediafax.

Immofinanz sees rents down but doubles operating profit in Romania

Austrian real estate group Immofinanz posted a EUR 35.2 million rental income in Romania in the first nine months of the financial year 2014-2015, down 2.7% year-on-year.

Romania reports the largest number of M&As in CSE in 2014, says EY

Romania registered the highest increase of the mergers & acquisitions (M&A) market in Central and Southeastern Europe (CSE) in 2014, according to the EY – M&A Barometer Romania 2014.

Companies invest up to 350 euro per square meter in office design

The largest budgets for office improvement come from pharmaceutical and IT companies

Global ultra-wealthy population up 3% in 2014

According to the most prestigious survey on global private wealth, THE WEALTH REPORT, the number of Ultra High Net Worth Individuals (UHNWIs) increased, announces The Advisers/Knight Frank following the launching of the report’s results within the International Conference MIPIM 2015 that took place last week at Cannes.

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