Atisreal study: 1bn-euro real estate deals in H1

Real estate deals concluded on the Romanian market amounted to 912 million euros in the first half of the year, of which deals concluded in Bucharest stood at 605 million euros, according to a survey by real estate consulting firm Atisreal. The study does not specify the value of the real estate transactions sealed the same time last year, but reveals that real estate deals worth 1.6 billion euros were concluded in 2007 as a whole. Among the biggest deals struck in the first half of 2008 is the deal involving the Iris Shopping Center in Bucharest (147 million euros), Upground Bucharest (340 million euros), Parklake Plaza in the Titan district of Bucharest (45 million euros) and the Winmarkt portfolio (182.5 million euros). Last year and in the first half of 2008, around half the deals were concluded on the retail segment (46%), followed by the office segment (24%) and the mixed space segment (17%).