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Articles - transactions

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.

Investment fund pays EUR 5.85 mln for the EOS Business Park office building in Bucharest

Secure Property Development & Investment (SPDI), a property development and investment company incorporated in Cyprus, has paid EUR 5.85 million for EOS Business Park, a Bucharest office building which is fully leased by Danone Romania, informs Mediafax newswire.

DTZ: 108,000 sq. m office rented in H1 2014 – highest volume registered for a semester since 2008

Office space in the Capital totaled 2.114 million square meters at the end of June, with 3 percent of the area represented by new deliveries.

Siemens invests EUR 4.5 million in R&D center in Cluj

Siemens announced on Monday it will expand its local presence in the IT field, by opening a new R&D center in Romania in Cluj, under the brand of its subsidiary Evosoft. By 2017, the company intends to hire over 210 people, who will work on global projects in software and product development for Siemens’ four sectors.

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