The real estate developer CTP, the largest owner of warehouses in Romania, intends to purchase the Equest Logistic Center park, located on the western outskirts of Bucharest, from the British Equest Balkan Properties fund at a price of about 28 million, according to Profit.ro estimates.
According to Dunwell data, in the first half of the year, about 280,000 square meters were traded in the industrial market, of which over 125,000 square meters were closed by the real estate consultancy agencies, the difference being direct transactions of the developers. About 50% of the total transactions of the first semester were signed in Bucharest, 70% of them being concluded by the consulting agencies. Other trading areas are Timișoara and Ploiești.
ROCA, the first investment and management platform dedicated to Romanian companies, has become the largest shareholder of SC Electroplast SA, a Romanian brand with a tradition of more than 25 years, being among the top 10 cable manufacturers and leader in the power cable for railway infrastructure market.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, acquired A1 Bucharest Park during a transaction valued at approximately 40 million euro.
The Paval brothers, the owners of Dedeman, submitted an offer for the acquisition of the Letea paper factory in Bacau, which was accepted by the liquidator Sierra Quadrant.
The Chinese Investment Fund (China Investment Corporation) plans to sell Logicor logistics properties in Romania, according to Ziarul Financiar, in an estimated transaction of about 30 million euros.
The total area traded in 2018 for office, commercial, residential or industrial space projects is approximately 140 ha, according to an analysis by CBRE.
The volume of transactions registered in 2018 is 940 million euros, a level similar to that seen in 2017, but 30% higher than the figure reported in 2016, according to an analysis by CBRE.
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