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Articles - real estate investments

Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

Year in Review: Real Estate

The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.

Mega Image buys land plot near Bucharest for a new distribution center

Mega Image has acquired a terrain in Stefanesti, near Bucharest, where it will build a new distribution and logistics center, according to information on the real estate market picked up by Mediafax.

Romanian FAN Courier plans EUR 8 mln investments in 2015

Romanian courier company FAN Courier plans to invest EUR 8 million in 2015, half of the amount to be used for car park expansion and modernization, according to Felix Patrascanu, the company’s general manager.

KLG Romania invested EUR 5.6 million in expanding its logistic centre near Bucharest

KLG Europe Logistics Romania ended the second phase of the expansion of the logistic centre in Bucharest, following EUR 5.6 million investments.

Helios Phoenix takes out EUR21.3 mln loan to finance Romanian logistics parks

Greek industrial park developer Helios Phoenix got a EUR 21.3 million loan from Alpha Bank London to refinance its Olympian parks in Timisoara and Brasov.

UniCredit Austria sold its participation in CA Immo for EUR 295 million

UniCredit Bank Austria sold its 16.35 pct. participation in real estate company CA Immo for EUR 295 million. The buyer is one of the largest office owners in Moscow, which will make an offer for partially take-up of the other owners, willing to reach 26 pct of the shares.

Artemis Real Estate is developing five industrial and residential projects near Timisoara

Swiss group Artemis Real Estate, local division of Artemis Holding, announced on Thursday it is developing 5 projects near Timisoara, on a 128 ha piece of property. The projects include industrial and residential buildings.

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