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Articles - land

CTP bought part of land owned by businessman Nicolae Raţiu in Western Bucharest

CTP, which became last year the largest industrial real estate owner in Romania, bought a quarter of the plot of land near A1 highway (Bolintin Deal area), a plot put on sale by the businessman Nicolae Raţiu.

Local council in Găeşti to assign a hectare of land, waits for Arctic’s offers

The local council has approved the assignment of a hectare of land for 49 years, which will be put on sale. „We will wait for offers from Arctic or the company’s suppliers”, said Grigore Gheorghe, mayor of Găeşti , Dâmboviţa county.

Logicor secured lands in Braşov, Sibiu, Glina, Bucureşti and Timişoara

Logicor, the company which manages the logistics assets taken over by America’s Blackstone from Immofinanz, sees a high potential of the market in Romania, where, through land acquisitions and the developments taken over from the Austrian company, reached one million square metres.

P3 bought land near Bucharest in its second real estate transaction this year

Real estate developer P3, specialized in logistics and industrial facilities development, bought a plot of 8.6 ha in Domneşti , near Bucharest. The acquisition price is about EUR 0.8 million, according to Capital magazine estimations.

DTZ: Land transaction, on the rise again in Bucharest: doubled value in the first quarter

The value of the transactions with land for commercial destination in Bucharest reached in the first quarter EUR 35 million, a double value compared to the same period of 2015, the largest operation being made by the Sweden’s investor Vastint, which bought 48 ha of land in Băneasa – Sisești for a mixed-use project (mainly residential), according to DTZ Echinox.

EUR 10.3 million capital increase for Log Center Brașov

The capital of the company Log Center Brasov, the owner of a plot intended for a logistic project, part of the portfolio taken over in November by Blackstone from Immofinanz, was increase with nearly EUR 10.3 million.

Dutch real estate developer buys 20 hectares near Bucharest

Dutch real estate developer CTP, which has become the largest owner of industrial-logistics spaces in Romania, recently bought 20 hectares of plot near Bucharest from the Italian group Cefin.

Why buying former factories?

In the last ten years, most of the transactions with large plots of land in Bucharest were represented by the land of the former factories.

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