Latest News  

Colliers International advises on a new transaction: Aberdeen Asset Management sells Construdava office building

Aberdeen Asset Management Deutschland AG signed a sale agreement of Construdava building in Bucharest to AdamAmerica. This is the third transaction in which Aberdeen Asset Management Deutschland AG was advised by Colliers International, the consultancy company recently announced.

2017-01-16 17:25:31

Construdava is an office building with total surface of 9,400 sqm, located in the north-eastern part of the city, directly on the Pipera-Tunari main road. The building is fully leased by Metro Systems, the internal information technology provider of Metro Group. Metro Systems Romania is the 8th largest software company in Romania and has a team of 800 IT professionals working for more than 30 countries.

The transaction has been advised by Colliers International and Cameron McKenna Romania law firm, as seller's consultants. The buyer, AdamAmerica, has been represented in this transaction by Biris Goran law firm.

"The sale of Phoenix Tower last year and then of Construdava confirms the interest for medium sized office buildings, supported especially by easier access to financing. 2016 was a dynamic year in terms of transactions with office buildings, this being the fourth transaction closed by Colliers in 2016", said Simina Niculita, Associate Director within Investment Services at Colliers International.

The real estate investment market in Romania is on a rising trend as both the volume of closed transactions and the interest from foreign investors registered sizable increases due to favorable international capital flow dynamics, positive macro-economic environment, and last but not least an improved financing environment. 2016 maintained a comfortable market liquidity, marking a total investment volume of 720 million Euro.

In Romania, investment fund Aberdeen Asset Management Deutschland AG was also involved in 2015 in the largest retail transaction on the local market, the sale of Auchan Titan Shopping Center and in 2016 in the sales of Phoenix Tower, an office building with total surface of 10,000 sqm, in the Central-Eastern part of Bucharest, close to Bucharest Mall.

AdamAmerica Europe Division, managed by Isaac Cohen Hoshen, former co-founder of Adama Holdings, has a large residential portfolio in Berlin, Frankfurt, Strasbourg and Bucharest. Having local experience, the owners have seized the opportunity to enter again on the Romanian market through the acquisition on valuable assets, Phoenix Tower and Construdava, but also to develop new residential projects, such as Reveria project in Eastern side of Bucharest. For the next years, the target of AdamAmerica Europe is to increase and extend the office portfolio.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Bitdefender signs accord with American router producer Netgear

The software producer Bitdefender signed a technology licence partnership with the American equipment producer for Netgear networks, which will include in its products security solutions for smart devices, deve

 Read Full article »
Laurentiu Lazar, promoted as Managing Partner at Colliers International Romania

Laurentiu Lazar, Senior Partner, Investment and Valuation Services, will take over as the new Managing Partner of the real estate consultancy company Colliers International Romania, effective as of March

 Read Full article »
Upcoming event brings Retrospective in Labor Legislation on February 15th, at Bucharest

Outsourcing Today, together with Fine Law, organize The 2017's Retrospective in Labor Legislation event on February 15, 2018 at Caro Hotel Bucharest, a knowledge sharing event dedicated to the latest significan

 Read Full article »
A.T. Kearney: The widening impact of automation impact the business model of outsourcing

According to a recent article of A.T. Kearney and based on the findings of Global Services Location Index for 2017, the developing nations have long enjoyed the economic benefits of other countries' offshoring.

 Read Full article »
Freelancing – a solution to staff shortages for companies

According to Smartree Romania, a leading provider in Romania of outsourcing payroll services and personnel administration, freelancing has become more present among Romanians lately. Working with freelancers ca

 Read Full article »
Kaspersky Lab: Targeted attacks on radar for industrial organisations

Of the industrial companies that participated in the IT Security Risks Survey , every fourth has faced a variety of cyberattacks. Worryingly, one of the fastest growing types of threat among the multitude targe

 Read Full article »
E-commerce: Romanian companies sell online on their own, above EU average

A share of 16 percent of all enterprises located in the EU and employing at least 10 people received orders via a website or apps (web sales) in 2016, Eurostat reveals. At the same time, more than 8 in 10 enter

 Read Full article »
FAB LAB Iasi nominated at CEE Shared Services and Outsourcing Awards in Warsaw

Iasi city, in Eastern Romania, together with Conduent company and FAB LAB IASI project have been nominated at CEE Shared Services and Outsourcing Awards, to take place at Warsaw at the Hotel Intercontinental o

 Read Full article »
Endava and Velocity Partners announce merger to become truly global IT player

The merger between Velocity Partners, an innovative software development company with a strong presence in Latin America, and Endava, a global technology company with a sustained consistent growth and offices a

 Read Full article »
ACADEMY+PLUS: The partnership with private sector enables the forming of IT specialists meeting market demands

ACADEMY + PLUS, the free programming school, officially opened its activity in Bucharest. The inauguration takes place in partnership with the private sector and aims to train 140 IT specialists within the fram

 Read Full article »
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Romanian Outsourcing Awards for Excell...
» Molson Coors started to grow its busin...
» Romania's IT industry could grow at an...
» TELUS International: How customer serv...
» Capgemini to open new office at Suceav...
» ABB opens the first robotics training ...
» Comdata to buy four subsidiaries of Fr...
» Four companies represent Romania in De...
» Committed to growth
 
EDITOR CHOICE
TELUS International: Chatbots - The pros and cons of automated customer service

Learn what key factors to consider before introducing chatbots to your customer service strategy

 Read Full article »
Why AFI Tech Park is the best value for money office project in Bucharest(P)

Based on the insight that location is a strong criteria employees take into consideration when choosing their workplace, AFI Europe Romania is currently developing AFI Tech Park, the newest office destination i

 Read Full article »
Shifting the workplace perspective towards high-end added value

This month, OUTSOURCING TODAY organized The Workplace of the future in IT and Outsourcing at Caro Hotel Bucharest, a new concept event meant to connect fast-growing corporate tenants from IT and outsourcing ind

 Read Full article »
Andrei Romanescu, Managing Director of Veeam Romania: Outsourcing sector, a decade evolution

Since the early 2000s, this sector has grown at a significant rate (about 20-30% per year). The industry has evolved from focusing on cost and labour arbitrage to adding value – therefore the growth is not so

 Read Full article »
TELUS International Europe: Discover how successful smart-home providers deliver exceptional customer service

Key Takeaways

• Internet of Things (IoT) connected home devices are making the contact center and customer service more important than ever. • A friendly approach and positive attitude are import

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events