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Articles - transactions

Amazon rents 13,500 sq.m office building in Iaşi, Romania

Amazon,worldwide largest retailer, rented the UBC 5 office building within office project Palas Iaşi, with a rentable area of 13,500 sq. m, according to sources close to the transaction. It is the largest office transaction outside Bucharest.

Ringier pays EUR 31 mln for Romanian real estate portal

Swiss media group Ringier will pay up to EUR 31 million to take over the biggest real estate ads portal in Romania – imobiliare.ro.

JLL: New trend on Bucharest office market in the first quarter - growing interest for Piata Unirii area

JLL Romania has brokered in the first quarter of 2016 office rental transactions totalizing 25,000 sq. m in Bucharest, Cluj-Napoca and Iași , a record level in the last 12 months.

AFI bought 4 ha plot in Braşov for a mixed-use project, including retail and offices

AFI Europe Romania has completed the acquisition of the plot of 40,000 sq. m in the centre of Braşov city, in Romania, where it plans to develop a mixed-use project, including the shopping centre AFI Palace Braşov and the A class office project AFI Park Braşov.

Romania’s M&A market grows 23 pct to USD 3.65 bln in 2015

Although there were fewer transactions on the M&A market in Romania last year, the market saw a strong advance of 23 percent, according to a study by EY Romania. The 123 transactions which took place in 2015 amounted to some USD 3.65 billion, with a median value of USD 100 million per transaction.

Real estate market in Romania continues growth; international investors and developers’ interest increasing

Local real estate market will continue the positive trend of the last years, with growth estimated on key-segments such as investments market, office and industrial, according to the most recent study of a real estate consultancy company.

Romanians conclude more real estate deals in 2015

Romanians concluded over 890,000 real estate transactions at national level last year, up by 8% compared to 2014. It was the peak of the last eight years.

Software company Misys, first tenant of Orhideea Towers in Bucharest, project developed by CA Immo

Investment fund CA Immo has pre-leased an area of 8,000 sq. m of offices in Orhideea Towers building to the financial software company Misys International Financial Systems, being the first tenant of the project developed near the metro station Grozăvești.

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