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Articles - acquisitions

Alpha Bank took over Cubic Center office building in Bucharest

Cubic Center office building, developed by the businessman Dinu Patriciu, was taken over by Alpha Bank, in the account of its debts. The building is 31 pct. occupied, tenants including Agricover, Promidea, Nexte Bank, Patria Credit and Luatel.

The founder of Urgent Curier, ready to take over an office building in Floreasca, Bucharest

Sebastian Bă­lă­şescu, one of the founder of the company Urgent Curier, which merged over an year ago with Cargus is in advanced negotiations to take over an office building in Floreasca area, according to sources in the market.

Swiss media group could buy Romanian real estate portal

Swiss media group Ringier is in negotiations for acquiring the local real estate classifieds portal Imobiliare.ro, according to market sources cited by local Ziarul Financiar.

Melisron mulls buying Africa Israel's Romanian properties

Africa Israel's main Romanian property is the NIS 1.9-billion (EUR 441 million) AFI Palace Cotroceni Mall.

CBRE: Industrial properties deals performed best among CEE in 2015 compared to other real estate sectors in Romania

2015 was a rich year for Romania’s industrial property, with three major transactions in this sector being among the top five largest in the CEE region, according to a report by CBRE, the property services company.

Cosmetics manufacturer Oriflame sold its Bucharest headquarters in Herăstrău area

Swedish manufacturer Oriflame, one of the largest players in the local cosmetics market considering its turnover, sold the building where the company’s employees had their offices, according to sources in the market.

Czech CTP in negotiations to buy Swan offices in Pipera

CTP Invest, one of the most active companies on the local market, which signed transactions of EUR 130 million, considers buying the office complex Swan Office & Technology Park in Pipera-Tunari area, near Bucharest.

Five investors bought properties of over EUR 500 million in Romania last year

Five investors - CTP, GLL, P3, Nepi and Globalworth – bought properties exceeding EUR 500 million in Romania last year of the total EUR 650 million registered for the entire Romanian market, according to real estate consulting firm JLL.

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