about us | newsletter | contact | archive | members area
Michele Famis, French Ambassador to Romania
Romanian authorities have declared their intention to improve the absorption of EU funds»

Deutsche Bank buys top Bucharest office

PIPERA Deutsche Bank’s real estate division has purchased the largest office building in Bucharest, 57,000 sqm BOC Pipera, part of Upground complex, for 100 million Euro in the largest transaction on the real estate market this year.

November 2009 - From the Print Edition

Upground, which is owned by a group of investment funds represented by Ioannis Papalekas in Romania, also includes another office delivered last year and two residential buildings, which will also be acquired by Deutsche Bank for 340 million Euro, according to Ziarul Financiar.
Among similar projects, America House, developed by Polish real estate company Globe Trade Center (GTC) in Piata Victoriei, was sold to PBW II Real Estate Fund, managed by the French group Natixis for 120 million Euro. This remains the most expensive building transacted on the Romanian real estate market

There are 0 comments:

Validation Code

0 Comments  |  19120 Views
Daily Info
President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

European Property Federation elects Liviu Tudor as new President

The European Property Federation Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of ...

Commisioner Cretu: Romania has a high level of women representation in the digital sector

Romania is one of the countries of the European Union with a high level of representation of women in the digital sector, said European Commissioner for Regional Policy, Corin...

Romania gets 450 million Euro loan from EIB for rural development programme

The European Investment Bank (EIB) is lending 450 million Euro to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programm...






More on