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.
Deputy PM and Minister of Regional Development and Public Administration Liviu Dragnea and Minister of National Development of Hungary Sesztak Miklos signed on Thursday the Agreement between the Romanian Government and the Hungarian Government regarding the road connections over the shared state border.
Insolvency company Rominsolv put on sale a land of six hectares in Preciziei St. in western Bucharest, where several constructions are situated, belonging to the bankrupt company Compania de Expeditii si Transport Auto (CETA), owned by the businessman Marius Cae.
In the second quarter, Prologis CEE leased nearly 520,000 square metres, an 86 percent increase over the same period in 2013. Transactions in Poland accounted for more than 57 percent of all lease agreements signed in the region.
ReneSola Ltd., a Chinese solar panel manufacturer, agreed to sell Hong Kong-based China Seven Star Holdings Ltd. (245) at least 200 megawatts of solar power projects through the end of 2015, Bloomberg informs, quoted by Mediafax.
Australian oil company ADX Energy might invest up to EUR 100 million in exploration/exploitation works in an oil perimeter in Timis, Romania, and is trying to convince its investors that Romania supports activities related to oil and gas, given that the fund raising “is not the easy part”.
“Following the strategic partnership concluded between Cargus and OTTO Curier, on July 14, 2014 the client database that constitutes the commercial basis of OTTO Curier Company was taken over by Cargus,” an announcement posted on the website of courier company Otto Curier notes.
The annual CEE Investment & Green Building Awards Gala and Investment Summit, being held on October 30th in Warsaw at the prestigious Intercontinental Hotel, is recognized as one of the most important and valuable real estate events in Central and Eastern Europe. With its unique international real estate business mix the event, now in its fourth year, is expecting over 300 industry leaders active in the CEE region.
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