Alfa Group has acquired the majority of the Iride Park project from CPI Romania, for an undisclosed sum.

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about the growth in renewable energy and industrial investment in 2024 and the potential for the transaction market to outpace in 2024 the volume of around €500 million posted last year.

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about Romania's advantageous position as an investment destination in the real estate sector and the growing demand seen by the law firm from clients active in the renewable energy sector. Biriș Goran’s portfolio remains consistent on residential, office and logistics projects.

Daniela Lazea, Partner and Co-Head of Real Estate at Romanian law firm Biriș Goran, spoke to Property Forum about Romania’s potential to become a relocation base for companies in the region and the real estate market’s ability to surpass €1 billion transactions in 2022.

CTP says it has taken over around 112,000 sqm of industrial space from Zacaria Industrial, representing parks in four cities, for an undisclosed sum. Following the acquisition, CTP has started operations in Craiova and expanded its presence in Sibiu, Arad and Oradea and its local portfolio has edged close to 2 million sqm.

Gabriel Biriş, Founding Partner at Biriş Goran talked to Property Forum about the pandemic’s impact on the legal advisory business and what concerns investors share with him regarding Romania’s tax and legal framework.