Eurisko is providing consultancy services for investments on the Romanian market worth around 400 million euros. The transactions involve land, ongoing projects, as well as completed building projects, and will amount to at least 6 billion euros, say representatives of the real estate consulting company Eurisko, which registered a business worth 12 million euros nine months into the year - twice the level of 2006 as a whole. "If we consider transactions that involved land development, projects under development and completed buildings, the transactions concluded this year amount to at least 6 billion euros," says Radu Lucianu, managing partner of Eurisko, the second-largest player on the market. The main transactions handled by the company this year were the sale of the portfolio held by European Convergence Property Company to the real estate division of the German group Allianz (worth 110 million euros), and the takeover by the UK-based investment fund Fabian of the Cubic Centre office project in the Pipera district of Bucharest (60 million euros). "By the end of the year, we could provide consulting services for two transactions involving office buildings in Bucharest, worth 60 to 100 million euros," says Lucianu. Land prices "have pretty much reached a maximum limit," adds the consultant, pointing out that the selling prices are closely linked to the prices of real estate properties across all market segments.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
