P3 Logistic Parks has acquired a 16-hectare site in Dragomiresti Vale, a prime logistic location on the north-west outskirts of Bucharest. A new 80,000 sqm logistics park – to be known as P3 Bucharest NW Ring Road – is to be developed on the site, which has direct access to the newly extended Bucharest Ring Road and provides easy access to all parts of the Romanian capital, as well as the A1 and A3 highways.

Skanska and local developer Prime Kapital might share the 11-hectare Griro platform in Bucharest, controlled by businessmen Nicolae Badea and Fatih Taher, in a €50 million transaction, according to market sources.

Local developer One United Properties, owned by businessmen Andrei Diaconescu and Victor Capitanu, has acquired the land of the former Ventilatorul plant and an office building near Victoriei Square in Bucharest from Immofinanz. The deal is valued at €39 million, Ziarul Financiar reports.

Plaza Centers N.V. has signed a pre-agreement for the sale of a land plot in Miercurea Ciuc, Romania for €1.55 million.

Prologis has completed the sale of a high-quality portfolio of buildings and land in Europe and the United States to a Singapour-based Mapletree for $1.1 billion.

Land in Bucharest continued to attract the interest of real estate developers this year, considering that in the first nine months of 2018, lots with a cumulated surface of over 60 hectares on which around 8,000 dwellings, 180,000 square meters of offices as well as commercial spaces can be developed, according to an analysis of Cushman & Wakefield Echinox.

Portland Trust has acquired a 16,000 sqm plot of land on Jiului street near Bucurestii Noi Boulevard. The transaction price is estimated at about €5-6 million, according to zf.ro.

Telekom Romania announced the sale of two plots of land located in the Floreasca area of Bucharest to One United Properties. The transaction price exceeded €18 million.

Forte Partners has purchased a 5,400 sqm land plot for the third building of The Bridge in Bucharest. At an average price of at least €500 per square meter in the area, the deal could amount to €2.7 million, zf.ro estimates.

AFI Europe Romania finalised the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 sqm, in a transaction worth €23 million.