VGP registered €45.6 million worth of signed and renewed lease agreements during H1 '24, bringing total committed annualised rental income to €384.7 million.
Austria remains the most expensive country, with €4,920/sqm in 2023, followed by Germany (€4,700/sqm), France €(4,538/sqm).
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.