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Articles - transactions

Globalworth buys office building Nusco Tower and nearby terrain for EUR 50 mln

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, on Monday announced the acquisition of office building Nusco Tower for EUR 46 million and of the nearby 2,400 square meters land plot Nusco Land for another EUR 4 million.

UNATC bought EUR 3 million headquarters in Bucharest’s Universitate area

The building was erected in 2003 and has a total built area of approx. 1,798 sq. m and a land of 726 sq. m , including semi-basement, ground floor and three upper floors, according to Esop Consulting, the company which has brokered the transaction.

AFI Europe: We think about selling the offices near Cotroceni mall

Israeli group AFI Europe, controlled by the businessman Lev Leviev, is analysing the selling of the office buildings developed near AFI Palace Cotro­ceni mall in Bucharest, but is expecting the institutional investors entry on the local market, which are able to pay higher prices compared to current opportunistic funds active in Romania.

Globalworth buys first building of Green Court Bucharest for EUR 44 mln

Skanska has sold the first building of its Green Court Bucharest office project to Globalworth Real Estate Investments for EUR 44 million, the developer announced today. Closing of the acquisition is scheduled for the second quarter of 2015.

Wolf Theiss assists VB Real Estate in sale of Romanian subsidiary

Wolf Theiss assisted VB Real Estate Services GmbH with the sale of its Romanian subsidiary, Immorom Sigma to PVN Romania and Inprox Bucuresti, both subsidiaries of the bauMax group, for a consideration of EUR 17 million. The buyers in the transaction were assisted by Noerr.

AEW Europe completes acquisition of €300mn offices portfolio in Paris CBD

AEW Europe completed an acquisition - on behalf of an institutional investor – of 4 office assets from SIIC de Paris.

GTC negotiates the takeover of three office buildings

Real estate company GTC, the developer of project in Bucharest such as America House in Piaţa Victoriei or the towers City Gate in Piaţa Presei, is analyzing the possible acquisition of three office buildings in Bucharest, two of them owned by companies of bank group Volksbank.

Deutsche Telekom leases building in Globalworth Campus

Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office building in Papalekas’ Globalworth Campus office development in northern Bucharest.

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