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Articles - tranzactii

Signs of renewed interest in Romania

The question remains as to when Romania will regain its status as a popular destination for investors and developers with a yield premium on Central Europe and office and retail development opportunities in Bucharest and major regional cities.

Soros took over 5% of IGD shares, Winmarkt’s owner

An investment fund managed by Soros Fund Management, owned by the billionaire George Soros, bought a package of approx 5% of the shares of the Italian group Immobiliare Grande Distribuzione (IGD), the owner in Romania of Winmarkt network, Reuters informs.

Delhaize leaves Bulgaria

Belgian supermarkets group Delhaize said on Wednesday it had sold its Bulgarian business to AP Mart for an undisclosed sum as it focuses more on core markets, writes Reuters.

New Hub for IT Multinational Companies in Romania

Transactions involving office spaces in Romania’s capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions closed by IT&C companies.

Gheorghe Iaciu bought Moldova Mall in Iaşi and plans partial office reconversion

The businessman Gheorghe Iaciu, who has strongly invested in stock in latest years, taking over important shares in SIF Muntenia and in real estate developer Impact, also has bought early this year the commercial centre Moldova Mall in Iaşi with the intention to reconvert half of the project to office spaces.

Praktiker sold its Romanian operations

Praktiker’s sale of its Romanian branch was concluded on February 24 per the company’s press release. Search Chemicals, a Romanian company funded in 2003, bought the 27-store network that Praktiker had in Romania. The transaction will not affect Praktiker’s field of activity.

Vodafone to relocate next year to Bucharest One

The mobile phone operator Vodafone, with annual turnovers of EUR 800 million and approx. 3,300 employees on the local market will relocate next year its Bucharest quarters to the office tower Bucharest One, currently developed by the Greek businessman Ioannis Papalekas between Pipera passage and Promenada mall in northern Bucharest.

Papalekas completed the acquisition of Tower Center International office building in Bucharest

The real estate portfolio of the businessman Ioannis Papalekas has increased with a new asset: the second tallest building in Bucharest.

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