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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.

Advent sells Ceramica Iasi for more than EUR 10 M

Advent sells their 84.88 per cent of the shares owned at Ceramica Iasi, producer of ceramic blocks and tiles bought in 2007 for more than EUR 35 million to an investment fund registered in Hong Kong, Brikston Cooperatief, according to a report of Ceramica Iasi regarding changes in the indirect control, sent to Bucharest Stock Exchange on Monday.

Logistics market stagnates: 100,000 sq. m rented in 6 months, 300,000 sq. m predicted for the entire year

The area of the logistics space transacted in the first six months totalizes approx. 100,000 sq. m, a level similar to the one registered in the similar period of last year, has declared Marian Orzu, director of CBRE, who estimates that the transactions will reach 300,000 over the entire year.

Lafarge to sell Romanian assets for merger approval

Cement makers Lafarge and Holcim on Monday announced asset sales they are proposing to competition regulators as part of their merger plan, including all of Holcim’s French activities and Lafarge’s German ones, according to Reuters.

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.

Buzoianu family to sell Retrasib to invest in Cluj Business Center

Businessmen Octavian and Călin Buzoianu, who control over 80 pct. of the Retrasib Sibiu (RTRA)shares, mostly through the companies Institut Proiect and Trafo Proiect, intend to sell their shares in the engine, generators and electric transformers manufacturer to the German company SGB-Smit International, in order to focus on other projects ongoing.

Ursus leases 9,300 sqm in Log Center Timisoara

Immofinanz announced on Thursday that it has signed a five years lease for 9,300 square meters of logistic space with Ursus Breweries. The brewer will become a tenant of Log Center Timisoara, one of the biggest logistic properties in the Immofinanz portfolio.

Kromberg & Schubert acquires its leased properties in Arad county

German automotive components producer Kromberg & Schubert has acquired the property leased from Solvency Project in Chisineu Cris (Arad) for the last 10 years in order to expand the current manufacturing capacity.

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