Aya Properties Fund has sold Record Park, an office complex in Cluj-Napoca, to BT Property through Inno Investments in a deal that marks the first completed investment cycle for the Belgium-based fund.
The BT Property Alternative Investment Real Estate Fund, managed by BT Asset Management, has purchased Prima Shops Oradea park from Oasis Group, for an undisclosed sum.
Romania's commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.