Romanian Real Estate News – 16/02/24

Romanian real estate

INVESTING

-Against a backdrop of dropping global mergers and acquisitions (M&A) activity, dealmaking in Central and Eastern Europe (CEE) held up relatively well, with the region witnessing 1,097 transactions, amounting to a combined value of €37.3bn, according to a recent Mazars report. Romania Ranked 3rd in the region, the study “Investing in CEE: Inbound M&A report 2023/2024” revealed.

-The M&A market in Romania slightly fell in volume in 2023 compared to the previous year, but maintained its value, according to an analysis by Deloitte Romania. The number of transactions with values over 5 million euros was 130 last year, compared to 157 in 2022. The estimated total value of the market ranged between 6.5 and 7.2 billion euros.

-Developers will invest almost EUR500 million building two new data centers with overall 40-45 MW power in Romania, data provided by Knight Frank, the real estate consultancy showed.

-Impact Developer & Contractor, the first real estate developer listed on the Bucharest Stock Exchange, announced the launch of a public offering of registered, dematerialized, unconditional, non-guaranteed and non-convertible bonds according to Decision EGMS No. 2 from 27.04.2023 and the Decision of the Board of Directors dated 15.11.2023.