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Articles - transactions

Timişoara, transactions of 72,000 sqm in logistics sector last year, 36 pct up

The industrial market in Timişoara has registered in 2016 the second highest annual level, with a total volume of major rental transactions of 72,000 sqm, 36 pct up compared to the previous year, shows a study of Active Property Services.

JLL: EUR 12.56 bln put into CEE-based property in 2016, EUR 890 mln in Romania

The property investments in Central and Eastern Europe amounted to EUR 12.56 billion in 2016, representing a 42 percent increase compared with 2015 and the third highest CEE regional investment volume since 2007, when they stood at EUR 15.81 billion.

Dedeman bought two plots in Zalău from brick manufacturer Cemacon for EUR 1.9 million

Bricks manufacturer Cemacon announced the completion of the sale transaction involving two plots of lands in Zalău, purchased by the construction materials and DIY retailer Dedeman.

Investment fund EEP sells its only property in Romania

Eastern European Property Fund Limited (EEP), a real estate fund registered in Guernsey, a small island in the English Channel, has sold its only property in Romania, namely the logistics and business center in the Gara Progresul area in the south of Bucharest, for EUR 1.5 million. EEP hasn’t revealed the name of the buyer.

Saint-Gobain buys Romanian Pietta Glass

Saint-Gobain, the France-based producer, processor and distributor of construction and high-performance materials and packaging, has taken over Romanian company Pietta Glass for an undisclosed sum.

Property portfolio of WDP in Romania increases to a total value of more than 150 million Euros

In Romania, WDP is announcing three projects for new clients via its joint venture WDP Development RO.

Romanian brick producer sells two plots to Dedeman for EUR 1.6 mln

Local brick producer Cemacon Cluj will sell two land plots to DIY retailer Dedeman for RON 7 million (EUR 1.6 million).

American giant pays EUR 60 million for the major share of Astra Rail wagon factories

An American giant controlled by important financial companies such as BlackRock, RBC or Merrill Lynch, took over the major share within Astra Rail Management, which operates three wagon factories.

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Articles - transactions

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