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Natixis buys BelRom's retail park in Targu-Mures
Belgian real estate developer BelRom has sold its Targu-Mures-based retail park in a transaction worth around 90 million euros to a subsidiary of the French financial group Natixis, which al...
Aura Investments buys stakes in three Plaza Centers developer projects
Israeli company Aura Investments has purchased a plot in Craiova, for 10.5 million euros, where it will build a mall, and has taken over stakes in three projects of the Plaza Centers develop...
RAEF's follow-on fund buys equipment rental business
Balkan Accession Fund (BAF), the follow-on fund of the Romanian-American Enterprise Fund (RAEF), has signed an agreement to take over 90% of equipment rental company Industrial Access in Buc...
GED buys biggest travel agency, Happy Tours
Investment fund GED Eastern Fund II, a part of the Spanish company GED, has taken over Happy Tour, the largest Romanian travel agency in terms of turnover. Happy Travel and GED representativ...
Sonae Sierra buys 50% in Arena Mall Bacau for 45m euros
Sonae Sierra, a Portuguese real estate developer and owner of River Plaza mall in Ramnicu-Valcea, will take over 50% of Arena Mall shopping centre in Bacau, in a deal worth 40-45 million eur...
Danish investment fund buys 25% in Alto Tours
Alto Tours, a travel agency controlled by businessman Florin Tancu (age 36), has sold 25% to Danish investment fund Weco Travel and Transport Central & Eastern Europe, in order to continue t...
Cora buys 5-hectare plot in Constanta
Cora hypermarket network, which currently holds three units in Romania, has acquired an over 5-hectare plot in central Constanta, and is in advanced talks for the acquisition of new location...
Lehman Brothers buys 3% of Impact
Lehman Brothers Real Estate Partners (LBREP), the real estate investment division of the American investment bank Lehman Brothers, has purchased a 3.08% stake in the real estate development...
Petrom buys back Petromservice for 328.5m euros
Petrom announced the acquisition of the petroleum services branch of Petromservice on Tuesday, with Romania's largest company paying 328.5 million euros for the supplier that was part of it...