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Articles - properties for sale

Green City residential assembly is put up for sale for EUR 20 mln

Green City residential complex, developed by the Green City Construct company, controlled by businessman Dumitru Bucsaru, was put up for sale by the judicial liquidator, who sells over 200 villas and the afferent land, individually or wholesale, in the latter case the price being set at EUR 20 million.

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.

American Village residential compound to be sold for EUR 9.3 mln

The American Village residential project in Bucharest was put up for sale for a starting price of EUR 9.3 million, representing 35 percent of the developer’s debt to BCR, the project’s lending bank, according to Mediafax.

UniCredit plans to sell real-estate properties worth EUR 2.5 bln in the next two years

Italy’s UniCredit SpA banking group plans to sell real-estate properties worth EUR 2.5 bln, against the backdrop in which the main Italian bank is looking for ways to strengthen its balance sheet, Bloomberg informs.

Telekom Romania receives offers for Telephone Palace in Bucharest

The management of Telekom Romania Communications, the former Romtelecom, has received offers for the Telephone Palace in Bucharest. After checking the documents, they will be sent to the Ministry of Culture, which has the right of first refusal on taking over the property on behalf of the state.

Kingfisher to sell former Bricostore in Baneasa area of Bucharest

Kingfisher, which took over the former Bricostore do-it-yourself store chain in Romania last year and re-branded it as Brico Depot, plans to sell the store within the Baneasa retail area, in Northern Bucharest, according to market sources quoted by Wall-Street.ro.

Policolor reaches agreement to sell industrial platform in SE Bucharest

Policolor, one of the largest players on the Romanian paints and lacquers market, announced on Thursday it initiated procedures to sell the terrain on Theodor Pallady, nr 51, in the south-western part of the Capital, where it currently operates its industrial platform.

Telekom Romania takes out for sale real estate assets

A real estate portfolio consisting of three assets- Palatul Telefoanelor, the Tandem building and a land plot in Matei Millo, were taken out for sale by telecom operator Telekom Romania Communications, with a starting price of EUR 21.6 million.

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