IMMO | Romania Feed

Paval Holding (owner of DIY retailer Dedeman) has signed the agreement to buy CA Immo’s office space portfolio in Romania, marking a record for a Romanian investor.

Paval Holding (Dedeman) is about to close a EUR350-390 million deal to acquire CA Immo office space portfolio.

Austrians are ever more dynamic on Romania’s investment market and after UNIQA Real Estate GmbH that bought The Light One building from Ion Radulea in April 2021, in 2022 an investment fund of Erste that owns BCR is contemplating acquiring CA Immo’s offices in Romania, in line with ZF real estate market sources.

PeliPartners assisted Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, in the process of selling the Expo Business Park to S Immo.   The divestment of the office buildings complex having an aggregate 41,500 square meters leasable area was completed at the end of May. PeliPartners’s contribution included extensive assistance throughout […]

Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, has finalized the sale of Expo Business Park compound, of Bucharest’s Expozitiei area, to Austria’s S Immo, which also owns Bucharest’s shopping center Sun Plaza.

Real estate consulting firm CBRE Romania has assisted Austrian real estate developer S IMMO AG in the acquisition of EXPO Business Park, an office complex located in northern Bucharest.

CBRE Romania assisted S IMMO AG, in the acquisition of EXPO Business Park, an office complex located in the north Bucharest.   This transaction is the first one from CBRE Romania’s record pipeline for 2022, a pipeline with a value of over 1 billion euro and assets from all segments of commercial real-estate. “Investor interest […]

Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust.

PTC has expanded its offices in Riverplace, a project owned by CA IMMO and located in the Politehnica area of Bucharest, thus occuping 4.800 square meters in the office project. The transaction was intermediated by the real estate consultancy company Cushman & Wakefield Echinox.   PTC, operating in the IT&C industry, has renewed its lease […]

CBRE, leader in the real estate consultancy market, advised Eli Lilly and Company (NYSE: LLY) in the process of renewing its offices from Bucharest Business Park (BBP), a project owned by CA Immo in the north-west of Bucharest.   Eli Lilly occupies around 900 square meters of office in Bucharest Business Park. Certified LEED Gold, […]

Skanska's sale of buildings 6.2 and 6.3 within the Campus 6 office complex in Bucharest to Austrian real estate fund S Immo AG was completed in June 2021 upon the transfer of property rights, law firm PeliPartners announced Friday.

CA Immo has renewed the lease contract with Sony for another five years, thus becoming one of the longest leases in Bucharest Business Park.     “Sony considers employees to be among its most important stakeholders and views them not as a group, but as individuals. The quality of workplace remains vital especially in this […]

Real estate consulting company CBRE has advised Austrian developer S IMMO on the transaction whereby it acquired Bucharest-based office buildings Campus 6.2 and Campus 6.3 developed by Swedish real estate developer Skanska.

Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo, which owns the Sun Plaza shopping center in Bucharest.