Real estate | 3 October, 2024 at 11:50 AM
PeliPartners assists Alfa Group in the acquisition of IRIDE Business Park
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
Known as the first modern office building in Bucharest, myhive Victoriei was acquired by Immofinanz AG in 2021, with PeliPartners also acting as legal advisor for the buyer.
The transaction allows WDP's Romanian footprint to grow to around 2 million sqm in gross leasable area.
The loan proceeds are intended to fund the development costs associated with finalizing the retail park.
The European Investment Bank (EIB) reveals that 78% of Romanian firms invested in the past year, up from previous editions but still below the EU average of 86%.
More than half of households globally (57%) are worried about annual broadband price increases and think these increases are unfair and unreasonable (60%), according to the latest EY decoding the digital home study.
Romanian employees are among the least likely to use artificial intelligence at work, with only 44% reporting AI usage in the past year compared to a global average of 57%, according to a PwC survey.
Romania's air passenger traffic increased by 8.2% in the first nine months of 2025 compared to the same period in 2024, rising from 19.8 million to 21.4 million passengers, according to data from the National Institute of Statistics.
Ker Toki Power (Toki Power), the energy trading division of the Vienna-based renewables and e-mobility investment group Renalfa Solarpro Group (Renalfa)...