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Articles - transactions

A group of real estate investors to fully rent the 6th floor of Ethos House

A group of companies owned by real estate developers and investors joins the tenants of the new office building Ethos House by renting nearly 1,000 sq. m representing the entire 6th floor of the building, a transaction brokered by Crosspoint Real Estate.

Real estate deals to exceed EUR 1 bln in Romania this year

Real estate deals will exceed EUR 1 billion in Romania this year, which is a record since the crisis hit the local market.

Secure property successfully completes the EUR 5.85 million acquisition of Danone building in Bucharest

SECURE Property Development & Investment PLC announces that, further to its announcement of 29 August 2014, it has completed the acquisition of the EOS Business Park, a fully let income producing office building in Bucharest, Romania, which is the Romanian headquarters of Danone, the French multinational food company.

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).

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