Transactions in Romania’s commercial real estate market amounted to €298 million in the first half of the year, down 23% compared to the same period of 2020, according to a report by real estate consultancy Cushman & Wakefield Echinox. 

Romanian Impact Developer & Contractor says it purchased a new land plot of 25,930 sqm in Iași, in the location where it will kick off a massive residential project with more than 1,000 apartments. 

CBRE Global Investors has secured an additional commitment of €200 million from South Korea’s Public Officials Benefit Association (POBA) to build a diversified European real estate portfolio. After leverage, this equity commitment provides additional investment capacity in excess of €400 million.

The Arete Investment and Real Estate Group signed an agreement with Raiffeisenbank to draw a €30 million umbrella credit line. The funds will be used to accelerate the growth of the Arete Industrial SICAV fund's portfolio through prepared acquisitions and new construction of industrial real estate while maintaining a safe and conservative LTV ratio.

M7 Real Estate has acquired the Terrapark office complex in Budaörs, Hungary, on behalf of M7 CEREF II. The purchase is in line with the Fund’s strategy of targeting value-add and core plus office, logistics and industrial investments in the key Central European markets of Hungary, Croatia and Poland.

Shares in Romanian One United Properties started trading on Monday on the Bucharest Stock Exchange (BVB). 

Romanian Impact Developer & Contractor says it has increased by 50% the share capital, registered in the Central Depository, to 393.75 million lei (€79.8 million) and offered shareholders one free share for every two shares held. 

Evergent Investments, a public alternative investment fund, has purchased a land plot of 16,000 sqm in northern Bucharest, for an undisclosed sum. 

M7 Real Estate, acting on behalf of M7 CEREF II, acquired a city warehouse in Poznań from a private individual. Avison Young's investment team introduced the property and represented the buyer.

CPI Property Group and Aroundtown notified Globalworth of a series of transactions in respect of their existing holdings which have resulted in Zakiono, an entity indirectly owned by the consortium holding a total of 51.50% of the shares in the company. Zakiono now itself holds sufficient voting rights to exert statutory control over the company, including in due course the ability to appoint and remove directors from the board.