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Articles - transactions

CTP acquires Hungarian portfolio

International investor and developer CTP, has successfully concluded the purchase of a portfolio of industrial real estate in Hungary. With this acquisition, CTP further increases its footprint in central Europe, with a Total Rentable Area exceeding 3,250,000 m² as of 1st January 2016.

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Auto parts distributor Inter Cars rents warehouse in Piteşti

Auto parts and accessories distributor Inter Cars, active on the local market since 2008, rented a new building in Piteşti, Arges county, on 12 Depozitelor St., according to data from Romanian Official Gazette.

CTP concludes purchase of Bucharest West Industrial Park

International investor and developer, CTP, has successfully concluded the purchase of the Bucharest West Industrial Park on the outskirts of Bucharest from Portland Trust. With the closing of this deal, CTP becomes the largest industrial developer on the Romanian market.

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.

Vabeld bought two warehouses and 15 ha land from former Cefin Real Estate shareholders

Belgian real estate investor Vabeld has bought from the former shareholders of Cefin Real Estate, the real estate division of the Italian group Cefin, two logistics warehouses situated at the Bucharest exit to Pitesti. This is the company’s second acquisition since its entrance on the local market this summer.

Moldova’s largest agribusiness group buys Romanian company

Trans-Oil, Moldova’s largest agribusiness company, will take over the local company Racova, active in agriculture and food industry, in a transaction estimated at over USD 100 million, which should be completed by December.

CTP concludes purchase of Prologis portfolio in Romania

International developer, CTP, has successfully concluded the purchase of the Prologis portfolio in Romania, namely the former Prologis Park Bucharest A1, now renamed CTPark Bucharest West. The transaction volume for the 100,000 m² business park, directly located on the A1 highway 20 km from Bucharest, is approximately EUR 40 million.

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