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Articles - transactions

TriGranit sells Millennium Gate to International Medical Centers

TriGranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers, which is expected to complete construction of the two towers and fit them out in order to provide healthcare services.

Asbud takes over Karolkowa Business Park

Asbud now fully owns the Karolkowa Business Park office complex in Warsaw.

Skanska signs HP for 16,400 sqm at Dominikański

In one of the biggest lease transactions on the CEE office market, Skanska Property Poland signed HP Global Business Center for 16,400 sqm at its Dominikański scheme, currently underway near Dominikański Square in Wrocław.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

SPDI buys 122 Bucharest apartments for EUR 3.3 million

Secure Property Development & Investment (SPDI), a property development and investment company incorporated in Cyprus, has paid EUR 3.3 million for 122 apartments in Bucharest, this being their third investment in Romania this year, inform Mediafax.

Euro Insol sells MLP Bucharest Sud logistics park for EUR 14.2 mln

Euro Insol has, the liquidator of bankrupt MLP Bucharest Sud, has sold the company’s asset – the MLP Bucharest Sud logistical park – for RON 62.5 million (approximately EUR 14.2 million) to AGI-RRE Hera, according to Mediafax.

Investors put EUR 750 million in local real estate since the beginning of the year, but large strategic players don’t show yet

The real estate market had more liquidity in the first eight months of this year, but NEPI and Globalworth, together with retailers such as Auchan or Dedeman, continued to be the most active players.

Offices outside Bucharest, 11.5 pct of the transactions volume in H1

Office markets outside Bucharest registered in the first six months of 2014 11.5 percent of the transactions volume, in large cities such as Timisoara or Cluj.

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