Real Estate
Colosseum Developer Gets EUR23M Loan for Expansion
Nova Imobiliare, which developed Colosseum Retail Park in the northwestern part of Bucharest, secured financing of EUR23 million from Credit Europe Bank for the expansion of the shopping cen...
Day Tower Office Building Up for Sale for EUR35M
Greek-held Day Group has put up for sale the Day Tower office building on Bulevardul Unirii in Bucharest for EUR35 million.
Antitrust Watchdog Clears Takeover Of The Bridge Office Project By Dedeman
Romania’s Competition Council has approved a transaction whereby Dragos and Adrian Paval, the two entrepreneurs who control do-it-yourself retailer Dedeman, acquired The Bridge office projec...
Colliers Takes Over Management Of Business Garden Bucharest Office Compound
Colliers International was appointed to provide property management services for Business Garden Bucharest, an office compound developed by Vastint (the real estate division of Ikea) in Buch...
AFI Europe Signs Non-Binding Letter to Acquire NEPI's Romanian Office Portfolio
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has signed a non-bonding letter of intent to acquire the Romanian office po...
JLL: Industrial Space Demand Doubles In 1H/2019, To 250,000 Sqm; Bucharest Attracts 43% Of Demand
The volume of industrial and logistics space leased in the first half of 2019 totaled 240,700 square meters, more than double the level registered in the year-earlier period, with capital Bu...
LafargeHolcim To Acquire Romanian Precast Producer Somaco
Global cement manufacturer LafargeHolcim has signed an agreement with Oresa Ventures for the acquisition of Somaco, one of Romania’s leading precast concrete producers, the company said in a...
Hosiery Maker Adesgo Seeks To Sell Plant Site for EUR13M
Hosiery manufacturer Adesgo SA has put up for sale its building and land on Calea Serban Voda Bucharest almost 17 years after being acquired by Israel’s Argaman Industries.
AFI Europe Signs Pre-Contract To Acquire Casa Radio In Bucharest For EUR60M
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has announced the signing of a pre-contract with Plaza Centers N.V. to acqu...