APS Group buys IMO Property Investments Bucharest

Business Forum

28 January, 2025 at 8:51 AM

APS Group, an alternative asset management investor, has fully purchased IMO Property Investments Bucharest, part of Eurobank Group, for an undisclosed amount.

IMO Property Investments Bucharest was established in 2007 and had net assets of almost RON 134 million (€27 million) for the year ended 31 December 2023. The company was specialized in managing and selling Eurobank's real estate assets located in Romania.

“At the moment of the sale, IMO Property Investments Bucharest owned over 150 assets in Romania,” says Radu Dumitrescu, Advisory Partner-in-Charge at Deloitte Romania, which worked with the seller on the deal.

APS Group currently manages over 100 non-performing loans portfolios with a total nominal value of more than €11 billion.

Investor confidence recovers in Central Europe, says Deloitte survey

Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.

Energy

ROCA Investments buys 20% stake in Adrem Group

ROCA Investments, a Romanian PE firm that focuses on local entrepreneurial companies, has acquired a 20% stake in Adrem Group, an energy services provider, for an undisclosed sum.

Real estate

Romania ranks fourth in Europe for cheapest housing, says study

Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025. 

Industry

BlackPeak Capital invests in Affinity Life Care

BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.

Industry

Deloitte: Romanian manufacturing sector should integrate generative AI

Romania's manufacturing faces mounting pressures from evolving technologies, labour market shifts, and sustainability demands.

Real estate

Commercial and resi real estate brace for higher taxes in Romania

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Real estate

CPI Romania inks lease extensions in Bucharest

CPI Romania has announced the renewal of lease agreements with Deloitte Romania and WPP at The Mark office building in Bucharest, totaling over 12,000 sqm of office space.

LATEST NEWS

13 Jan

Romanian chamber of commerce backs EU-Mercosur trade deal

13 Jan

Romania's Ministry of Finance allocates €760 million for public investments

13 Jan

Banks in CESEE region show growing confidence in credit

13 Jan

Romanian investors expect rent rises and demand stability

13 Jan

Agroland acquires poultry producer Avirom

RECOMMENDED FROM THE HOME PAGE

Finance

Banks in CESEE region show growing confidence in credit

Banks in Central Eastern South-Eastern Europe report improving trends, with credit demand remaining robust, particularly from companies, while banks anticipate improvement in credit supply following a period of contraction.

Agriculture

Agroland acquires poultry producer Avirom

Agroland Business System has completed the acquisition of Avirom, a Romanian company specialising in day-old chick and duckling production.

Economy

Romania's trade deficit narrows in first 11 months of 2025

Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).

Economy

Romanian chamber of commerce backs EU-Mercosur trade deal

The Romanian Chamber of Commerce and Industry (CCIR) has unanimously decided to support the free trade agreement between the EU and Mercosur, backing the decision made by the European Association of Chambers of Commerce (Eurochambres) at its November 2024 General Assembly.

Finance

Romania's Ministry of Finance allocates €760 million for public investments

Romania's Ministry of Finance has allocated over RON 3.8 billion (€760 million) to support public investments and clear arrears in key sectors including development, transport and agriculture.

POPULAR

Real estate

2 months ago

Bucharest housing prices surge 60% in past six years

Real estate

1 month

Romanian mortgage rates set to drop in early 2026

Real estate

2 months ago

Romania leads Europe in construction with 8% GDP share

Real estate

2 months ago