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Articles - acquisitions

Hagag bought the Stirbei Palace on Calea Victoriei in Bucharest, planning to develop an office complex

Israeli real estate developer Hagag bought Stirbei Palace on Calea Victoriei for an estimated amount of EUR 10 million. According to market sources, the company plans to rehabilitate the palace and develop office buildings behind it.

Telekom sells Floreasca land for more than EUR 18 million to One United Properties

Telekom Romania has sold for over 18 million euros a 25,839 sqm plot of land on the shores of Lake Floreasca in Bucharest, to One United Properties. It is the biggest land transaction on the real estate market in Bucharest this year.

Globalworth has Completed the Acquisition of Skanska's Green Court Office Project

Globalworth Real Estate Investments, a company founded by businessman Ioannis Papalekas, completed the acquisition of the C building of the Green Court Bucharest office complex, developed by Skanska Romania.

Immochan Romania Buys The Coresi Business Park Office Project in Brasov

Immochan Romania acquires the Coresi Business Park, integrating in the Cartier Coresi project the office component of the Brasov project, which had until now a commercial component through the Coresi Shopping Resort, and a residual one through the 1,000 apartments under construction.

Dr. Leahu Dental Clinic Buys Office Building for Expansion in Herăstrău, Bucharest

Dr. Ionuț Leahu recently bought five floors office buildings on Nicolae Caramfil St., Herăstrău area in Bucharest, for its fourth premium dental clinic, transaction brokered by Esop Consulting.

Topmost Investments Buys New Office Building in Bucharest: Polonă 68 Business Center

A new acquisition was announced by the company Topmost Investments, controlled by Israeli billionaire Teddy Sagi. He bought Polonă 68 Business Center in a transaction of EUR 17 million and a yield a bit more than 9 pct.

Metro Group sells four Real hypermarkets in Romania

German Metro Group has sold the four Real hypermarkets that it still owned in Romania, five years after selling 20 Real stores to Auchan.

Romanian company invests EUR 3 mln in new luxury dental clinic, buys EUR 1 million building in Piata Victoriei

Local company DentalMed, which is active in the private dental care market, will open its second luxury clinic in the second half of 2017.

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