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Articles - transactions

British investment fund buys nine plots in Romania where Lidl stores operate

British investment fund First Property Group has bought, together with other investors, the plots where nine Lidl stores operate for EUR 10.5 million.

Altex to relocate 200 employees in Pipera business district in Bucharest

The electro-IT retailer Altex, the leader of the market segment in Romania, with revenues of 1.5 billion lei in 2014, will relocate its headquarters from Piata Presei Libere zone to Pipera, according to sources in the market.

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Billa exits Romanian market, retail network passes to Carrefour

Carrefour announced the signing of an agreement with Rewe Group, in which Carrefour takes over the German company’s retail network of 86 supermarkets in Romania. With this move, Billa exits the Romanian market.

Benţa family in Targu Mures has developed a nine-storey office building for E.ON

Benţa family in Targu Mures, which controls the manufacturer of paints and varnishes Daw Bent has completed an investment of 29 mil. Euro in an office building of nearly 23,000 square meters, a project where the energy group E.ON relocated its operations in the city.

Boiron drugmaker moved from Cotroceni to Popoviciu 's building in Dorobanţi

Boiron Romania, subsidiary of the French group which produces homeopathic medicines, gave up the office in the Cotroceni area in Bucharest for an office space of 450 square meters in Dorobanţi 239 building owned by Puiu Popoviciu.

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Office, retail and industrial property projects all saw ascending trends during 2015, while yields compressed across the whole market, with logistic spaces seeing the best evolution, according to a study by DTZ Echinox.

EY Romania moves to larger office in Timisoara as regional activity grows

EY Romania’s team in Timisoara has recently expanded to 20 members and has moved to a larger office space in the City Business Centre building, which is also in line with the company’s global concept of Workplace of the future, representatives inform.

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