The value of domestic real estate deals boosted last year when the transactions including office, retail or industrial properties came to about 1.1 billion euro, an advance by 220 percent compared to 2013 when the reported value was 351 million euro, according to CBRE, reads Mediafax....more »

Globalworth investment fund seals a new acquisition on the domestic market, the Romanian competition authority approving the 43 million euro transaction for taking over UniCredit HQ office building. According to the related Competition Council...more »

The acquisition campaign run by the investment fund established and controlled by Greek businessman Ioannis Papalekas continues with a new property added to the domestic portfolio: Nusco Tower, office building for which Globalworth will pay 46 million euro, reads a company release....more »

Globalworth, the real estate investment fund controlled by Ioannis Papalekas announces the signing of a 10-year lease contract with Elster Rometrics in Timisoara Airport Park (TAP), an industrial park developed in western Romania, the company’s sole project located outside Bucharest....more »

The investment fund established and controlled by Greek businessman Ioannis Papelkas has announced the acquisition of the first office building in the Green Court office park, project developed by Skanska Romania, the transaction being valued at 44 million euro. Closing of the acquisition is scheduled for the second quarter of 2015, states a Globalworth release....more »

Globalworth, the real estate investment fund controlled by Ioannis Papalekas, has signed a 10-year lease agreement with Telekom Romania Telecommunications (former Romtelecom) for a gross leasable area of about 25,000 sqm....more »

Sema Parc resumes Sema New Project, an integrated urban development project in Bucharest, whose first phase was completed in 2009 when Office 1 building was delivered....more »

The Competition Council has approved the takeover of Promenada Mall by NEPI from Raiffeisen Evolution, the transaction worth 148 million euro being the largest ever recorded in Bucharest involving a single property....more »

Driven by low vacancy rates, increasing demand and increasing pre-lease transactions, prime yield has seen a compression by 0.25 percent, reaching 7.75 percent, which makes Bucharest one of the most attractive office market for investors, shows a report issued by CBRE Romania....more »

New Europe Property Investment (NEPI) will take over Promenada mall from Raiffeisen Evolution, the transaction coming to about 150 million euro, according to market sources quoted by Mediafax....more »