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Articles - transactions

Businessman Mohammad Murad bought the real estate consultant Coldwell Banker

Businessman Mohammad Murad, the owner of Phoenicia hotel chain, bought the real estate consultancy company Coldwell Banker Affiliates of Romania, the company that owns the master-franchise of US’s Coldwell Banker, from the entrepreneurs Alexandru Benga and Valentin Ilie, according to information confirmed by both parties in the transaction, wall-street.ro reports.

Companies rented more offices in the first quarter

Companies rented in the first quarter offices totalizing nearly 85,000 sq. m, with 75 pct in Bucharest, with 15 pct increase compared to the similar period of last year, according to Esop real estate consultancy company.

DTZ: Real estate transactions in Romania advance more than four times in 2014

Real estate transactions in Romania stood at 1.3 billion euros in 2014, up 4.3 times from 2013, according to a DTZ Research study.

Real estate transactions amount to EUR 30-40 mln in Q1, says DTZ

The transactions with offices, shopping centers, logistics parks, plots of land totaled in the first quarter EUR 30-40 million, a level similar to the one recorded in the same period of 2014 of EUR 270 million, if excluded the intragroup acquisitions made last year by businessman Ioannis Papalekas.

Esop: More and more companies are renting office villas

In the first quarter of the year the number of transactions with villas rented for offices has increased with approx. 43 pct compared to the similar period from 2014, but the average area rented has decreased with 36 pct., to 265 sq. m.

Romania’s mergers and acquisitions market exceeds EUR 400 mln

The mergers and acquisitions (M&A) market in Romania exceeded EUR 400 million in the first quarter of 2015.

US group subsidiary opens new R&D center in Romania

IT solutions supplier National Instruments Romania, subsidiary of US group National Instruments, has inaugurated its new research & development center in an office building called The Office, in Cluj-Napoca.

US investment fund sells Mercury Logistics Park in Romania

US investment fund Heitman sold the Mercury Logistics Park logistics park near the Bucuresti-Pitesti highway.

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