Investments in Q1 Exceed the Entire Value of 2013

The value of the transactions with real estate projects from Romania has increased incredibly in the first quarter to 303 million euro, exceeding the level from the entire last year, and the local market was on the thirds place in Central and Eastern Europe, after Poland and Russia. The transactions have increased in value and in volume in the period January – March 2014, when have been completed 9 transfers, compared to 4 in the same period of last year, according to a release from CBRE Romania. Last year, Romania attracted investments of 229 million euro, increasing by almost 25% compared to the year 2012. The most important transactions from this year were the buyback of the mixed project UpGround by Globalworth Real Estate from an investments fund part of Deutsche Bank, the acquisition of Innovations Park (industrial), of Moldova Mall (retail), of the commercial center Mario Plaza from Bucharest and of the former hypermarket PIC Oradea. The statistics include also the transfer of Charles de Gaulle Plaza building.