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Articles - transactions

Globalworth buys 30,000 sqm of land in Pipera

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought several land plots totaling 30,000 square meters in northern Bucharest, for EUR 14.3 million, for commercial (office and retail) development.

Dinu Patriciu sold an office project in Berlin to a German investment company

The German investment company Real IS Investment bought from Dinu Patriciu an office complex in Berlin, bought by the businessman in 2006-2007.

Ramboll expanded to 1,300 sq. m in Phoenicia BC

The company Ramboll expanded its lease area in Phoenicia BC office building in Unirii-Alba Iulia area in Bucharest, to 1,300 sq. m.

Orange rented 13,700 sq. m in Green Court, first Skanska offices in Romania

Orange Romania rented 13,700 sq. m in Green Court Bucharest project, developed by the Sweden’s Skanska in Barbu Vacarescu-Floreasca area.

Cargus rented 5,000 sq. m of offices and warehouses

The courier company Cargus, with business of EUR 26 million last year, has rented offices and warehouses on 5,000 sq. m from the logistics and transportation company Triton International Cargo, according to the real estate consultant DTZ Echinox, which represented the landlord in the transaction.

Europa Capital sold 150 apartments in Bucharest

Europa Capital managed to sell all 150 apartments in the first phase of its Vitan Residence 2 residential project in south-central Bucharest in just 15 months since the launch of its sales programme.

Zitec expands its offices in Phoenix Tower and intends to reach 120 employees in 2014

Zitec, one of the main local producers of online applications is extending its offices starting this month, with an additional floor in the office building Phoenix Tower, to be added to the already existing 920 sq. m space occupied by the company since summer of 2012.

Immofinanz wants a new office building, in downtown Bucharest

Austrian investment fund Immofinanz, the owner of more than 200,000 sq. m office spaces in Bucharest, where nearly 13,000 employees are working, is in negotiations to buy a new office building in Bucharest downtown, after five-six years with no investments, period when the group has preferred to consolidate its portfolio, which includes local assets of EUR 1 billion.

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