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Articles - real estate investments

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.

The number of transactions with lands has increased in H1, and the value reached over EUR 50 million

The number of transactions with lands for real estate developments, retail and production spaces has increased this year, registering 15 large transactions nationwide, totalizing 630,000 sq. m, with a value exceeding EUR 50 million, according to the real estate consultant CBRE.

CBRE: Transaction value down compared to 1Q

Real estate transactions in Romania totalized in 2Q EUR 66 million, with significant drop compared to 1Q, when over EUR 300 million level was registered, according to CBRE.

Bistrita Sud Industrial Park could be inaugurated in the end of 2014

The first companies to occupy spaces in this location are local companies, which will benefit from the advantages of investing in the future park: modern utilities, local tax exemptions, the possibility to access non-reimbursable funds or State aids.

CBRE: Real Estate Transactions, Over 50% down in the First Nine Months

Romania and Ukraine are the only countries in CEE to register a decrease of the real estate transactions values in the first nine months of the year, with Russia and Poland being the main destinations in the region, according to CBRE, cited by Mediafax.

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