Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
Romania's commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
The transaction allows WDP's Romanian footprint to grow to around 2 million sqm in gross leasable area.
Global Vision's joint venture with Globalworth completed the divestment of 136,374 sqm of leasable area and a plot of land in Constanta.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.