IMMOFINANZ, one of the most important office building owners in Bucharest, announces numerous new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over37,000 sqm. The company has attracted new tenants for 19,200 sqm and has prolonged and extended existing contracts for over 18,000 sqm in seven of its class A office properties in Bucharest.
Manufacturing, real estate, banking and IT sectors were last year the stars of the mergers and acquisitions market in Romania, with more than half of the total registered transactions in 2015.
AB InBev wants to take over its competitor SABMiller, but in order to have the transaction approved, it has decided to sell some of the brands owned by SABMiller.
Brick manufacturer Wienerberger România bought the brick factory in Buzău from the company Search Chemicals, own by the Turkish businessman Omer Susli, who bought in 2014 the DIY network Praktiker. The transaction included the company’s assets and a clay quarry.
Electric engine factory ANA Imep, controlled by Copos family, was taken over with majority stake by Japanese company Nidec Corporation, electric engine manufacturer with 49 years of history on Romanian and international markets.
The developer and operator of logistics and industrial parks CTP announced the signing of 260,000 sq. m lease transactions in the first quarter of this year, reaching a total rentable area of 3.5 million sq. m in seven markets in Central and Eastern Europe, where the company is currently present.
With share purchase agreement dated 17 April 2016, IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus).
Polish food processing group Maspex Wadowice got the green light from the Romanian Competition Council, the anti-monopoly watchdog, to take over water bottler Rio Bucovina.
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