Brico Depot Iasi sold to Radacini Grup in a transaction advised by Colliers
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Colliers: The e-commerce sales boom is slowing down, which is an important signal of a more restrained consumer in the big cities
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Colliers: Romanian investment market recorded transactions of almost 900 million Euro last year
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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 five other buildings were purchased by Praktiker Real Estate, the company controlled by Omer Susli, who took over Praktiker Romania’s operations in 2014, later sold to Kingfisher, and who then set up the Homelux decoration brand.