Romanian DIY chain Dedeman has purchased a land plot of 14.5 ha in Timișoara from Țiriac Imobiliare for an undisclosed sum. The buyer is exploring several investment scenarios for the new land that is located next to the future Ikea store.
Property developer Atenor delivered its office project Dacia One in central Bucharest at the end of December 2021, roughly five months after selling the building to Pavăl Holding, the owner of Romanian DIY retailer Dedeman.
Adrian and Dragoș Pavăl, the founders of DIY chain Dedeman, have acquired the land and warehouses owned by DB Schenker in northern Bucharest, in a deal worth over €15 million.
Property developer Atenor says it sold its office project Dacia One in central Bucharest to Pavăl Holding, then owner of Romanian DIY retailer Dedeman.
Three land plots with a surface of around 250,000 sqm, located on the grounds of the former Chimopar industrial platform in western Bucharest, will be tendered in mid-July.
Pavăl Holding, the group controlled by the founders of DIY chain Dedeman, will have a new HQ in Bucharest. The holding is revamping Vila Hlebnikian that will serve as its main office. Construction works on the 2,800 sqm building will be completed by 2023, according to Profit.ro.
Brothers Adrian and Dragoș Pavăl, the owners of the retailer Dedeman, took over 70% of the company through which the businessman Ionuț Dumitrescu develops a logistics park in Craiova under the Eli Parks brand, Profit.ro informs.
South African developer Fortress REIT is close to entering the Romanian logistics market by acquiring the logistic park in Chitila, owned by Element Industrial and Dedeman, according to Ziarul Financiar, which cites market sources.
Romanian DIY store operator Dedeman has acquired the third building of 80,000 sqm The Bridge office complex, developed by Forte Partners in Bucharest, thus completing a €200 million transaction started in 2018.
Catering products supplier Bidfood Farutex has become the first tenant of DC4 building at Prologis Park Wrocław III, having leased 9,795 sqm. Farutex will move into its new space in August 2023.
Warsaw's Renova shopping mall, located in Targówek and owned by Napollo, has just opened the first outlet of the Mother Earth brand in Warsaw. The outlet will be located on the ground floor of the mall.
Gdańsk's Galeria Zaspa has gained a new tenant. Clothing brand Sinsay has taken nearly 600 sqm of space in the facility.
New appointments
Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.
Magda Twarowska joins Logicenters Poland, the logistics arm of NREP, as Head of Commercial. She will be responsible for managing tenant relations and leasing activities, covering the standing assets and projects held by NREP NSF IV portfolio company, BIK S.A.
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