The largest transaction in terms of value was concluded by South African group Atterbury, which acquired 50% in four Iulius Mall shopping centers. Belgian group Mitiska acquired 50% in eight retail parks and a portfolio of 11 retail parks.
Other major transactions were the sale of the last four retail spaces of former Real hypermarkets, the sale of Praktiker spaces in Ploiesti and Constanta, and the sale of XXL Megadiscount spaces in Sibiu and Galati.
The transactions occurred on the backdrop of a positive economic evolution, as Romania’s gross domestic product grew 5.8% and retail sales grew 7.3% in the first half of the year.
Bucharest attracted 24% of the total volume of investments, mainly with office spaces. Outside Bucharest, investors were attracted mainly by retail and industrial properties.