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Portico Investments Romania, advised by Colliers, completed the sale of six retail buildings in its portfolio to Praktiker Real Estate and Lidl Romania, in two transactions totaling over 8.5 million euros. The portfolio sold by Portico Investments includes six retail projects, located in Tulcea, Resita, Ramnicu Vâlcea, Drobeta-Turnu Severin, Barlad, being leased by Lidl, Penny Market, MOL Romania, Jysk, Altex, Ingrimar, Adidas, Romstal and Pepco, with a total leasable area of ​​16,312 square meters. With the exception of the Lidl Resita building, which was purchased by Lidl itself, all f...

The “year of the pandemic” turned out to be one of the peaks of the current economic cycle in terms of investments in commercial real estate assets, with a growth of 37 percent over 2019, to almost 900 million euro. 2021 may see a dip, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by Colliers. For this year, Colliers consultants foresee a total volume for commercial real estate transactions in excess of 0.5 million euro and also see room for a slight decrease in yields by the end of the ye...

Bristol Bierkeller to reopen as creative college's new events and education space The venue, which closed in 2018, will reopen under a different guise following a £4.5m investment Bristol Bierkeller closed in February 2018 FIND OUT WHAT'S ON NEAR YOU WITH OUR NEWSLETTER Invalid EmailSomething went wrong, please try again later. SIGN UP When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights...

In 2020, the total volume invested in real estate assets in Romania reached EUR 914 million, a 28 percent increase compared 2019, illustrating the overall