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Articles - transactions

Office transactions top in nine months: Renault, Vodafone and Orange signed biggest leases in Bucharest

The office request in Bucharest determined the vacancy drop from 15 pct to 14 pct.

Adamescu sells 3.6 pct of Unirea Shopping Center stake to stepson For EUR 0.5 mln

Romanian businessman Dan Adamescu has sold a 3.6 percent stake in Unirea Shopping Center to his stepson, Rani Palade, for RON 2.2 million (EUR498,400).

NEPI acquires Promenada Mall for EUR 148 million

South-African investment fund New Europe Property Investment (NEPI) paid EUR 148 million for the Promenada Mall in Bucharest to Raiffeisen evolution, which invested EUR 130 million in the project. The group paid cash from its own funds, writes Mediafax.

Luxembourg investment fund acquires EUR 1.2 mln real estate assets in Bucharest

Tavirama, a Luxembourg-based investment fund , has bought two retail spaces and one luxury apartment in Bucharest for EUR 1.2 million, the deals representing its first incursions on the Romanian market, where it plans to reach a portfolio of EUR 5 million by the end of next year, writes Mediafax.

Lords LB Baltic Fund I sold its third investment portfolio asset

Lords LB Baltic Fund I sold its third investment portfolio asset - A class office building Metro Plaza in Tallinn (Estonia).

EY: Romanian M&A market down 24 pct to USD 578 mln In January-June

The Romanian mergers and acquisitions market totalled USD 578 million in the first six months of 2014, down 24 percent from USD 756 million in January-June 2013, with 61 deals, compared with 75 in the first half of last year, according to EY M&A Barometer Romania.

Flash Office Solutions expands its offices in Maria Rosetti Tower

Flash Office Solutions rented 392 sq. m office space in Maria Rosetti Tower, a business center situated in Icoanei area in Bucharest on 6 Maria Rosetti St., according to Esop Consulting, which mediated the transaction.

The Advisers/Knight Frank: Real estate transaction volume will increase this year up to EUR 800 million

Romania could register this year real estate transaction of approx. EUR 800 million, a spectacular growth compared to the crises year 2009, an evolution also influenced by the global revival of the real estate market, considers Horaţiu Florescu, executive manager of The Advisers/Knight Frank.

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