Romania’s 2011 real estate deals worth only a fifth of 2007 peak

Real estate deals reached approximately EUR 400 million in Romania last year, according to Jones Lang LaSalle’s (JLL) ‘Capital Markets Buletin Q4 2011’ study. The largest transaction recorded was the acquisition of the Europolis’ portfolio at the regional level by CA Immo. Notable deals include the acquisition of City Mall in Bucharest by a local developer. On the office front, Bluehouse Capital completed the acquisition of Astoria Center, a deal worth some EUR 10 ...

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