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Articles - transactions

Mega Image premises and 15 villas in Green City, sold for EUR 1.3 million

Euro Insol, the liquidator of Clean Optim Serv, the company used by the businessman Dumitru Bucşaru to develop part of the residential complex Green City in 1 Decembrie village from Ilfov county, sold a package of 15 villas within the complex for EUR 602,000, as well as the premises of Mega Image supermarket, for EUR 701,000.

Real estate transactions number, 17 pct. growth last year

The number of the real estate transactions has grown with 17% last year, compared to 2012, to 824,989 operations, most of them being registered in Bucharest and the fewest in Teleorman district.

CBRE: IT&C companies lease over 100,000 sqm of office space in Bucharest in 2013

Almost 300,000 sqm of office spaces were leased last year in Bucharest, marking the highest volume of transactions ever recorded in the capital, according to CBRE.

KRUK Romania rented 2,000 sq. m in River Plaza in Bucharest

KRUK Romania, one of the largest debt recovery companies in Romania, has rented 2,000 sq. m offices in River Plaza building, situated in Unirii area, in the vicinity of the Romanian Chamber of Commerce and Industry.

Horatiu Florescu, The Advisers/Knight Frank: 2014 will be a year of pre-leases

The office pre-leases will register a revival in 2014, says Horatiu Florescu, the president of the company The Advisers/Knight Frank, in the context that in 2013 the volume of office pre-leases has decreased substantially compared to 2012, representing only 9% from the total transacted area.

Charles de Gaulle Plaza, EUR 70 million `transfer` between two GLL funds

Charles de Gaulle Plaza, the office building dominating the entrance in Herastrau Park from Aviatorilor Blvd. in Bucharest, was sold in the end of last year by Accession Fund, a fund managed by the German company GLL Real Estate Partners, to another fund in GLL portfolio in a transaction of nearly EUR 70 million, according to ZF information.

Mergers and acquisitions worth EUR 1.2 bln in Romania last year

The total value of mergers and acquisitions in Romania over the past year rose to approx. EUR 1.18 bln, a similar value to the one achieved in 2011 and a small drop compared to 2012, according to ”Emerging Europe: M&A Report 2013/14″, a study conducted by CMS and Deal Watch.

Endava pre-leased 40% of the third office building in AFI Park

AFI Europe Romania signed the first lease in the third building in the office project AFI Park. The IT company Endava rented 40% of the rentable area in the office building AFI Park 3.

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