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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

US Portico Investments sells six properties in Romania

Portico Investments, indirectly owned by the Washington State Investment Board, sold six retail properties in Romania to Praktiker Real Estate and Lidl Romania, in two transactions totaling over EUR 8.5 mln, announced real estate consultancy firm Colliers - which advised Portico on the deals.

In separate news, earlier this April, Portico entered the second round of negotiations to acquire the nine stores in Romania that the German group Metro wants to sell and lease back.The transaction is estimated at above EUR 100 mln.

The portfolio sold by Portico Investments includes six retail projects, located in Tulcea, Resita, Ramnicu Valcea, 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 sqm.

A leading real estate investor and developer in Central and Eastern Europe, Portico Investments focuses primarily on real estate in the food retail sector, in quality locations that are integrated into sustainable communities.

The company manages 69 properties in Romania, Hungary, and the Netherlands, with a leasable area of 135,000 sqm of retail space.

(Photo: Yukniphotoshot/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

US Portico Investments sells six properties in Romania

Portico Investments, indirectly owned by the Washington State Investment Board, sold six retail properties in Romania to Praktiker Real Estate and Lidl Romania, in two transactions totaling over EUR 8.5 mln, announced real estate consultancy firm Colliers - which advised Portico on the deals.

In separate news, earlier this April, Portico entered the second round of negotiations to acquire the nine stores in Romania that the German group Metro wants to sell and lease back.The transaction is estimated at above EUR 100 mln.

The portfolio sold by Portico Investments includes six retail projects, located in Tulcea, Resita, Ramnicu Valcea, 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 sqm.

A leading real estate investor and developer in Central and Eastern Europe, Portico Investments focuses primarily on real estate in the food retail sector, in quality locations that are integrated into sustainable communities.

The company manages 69 properties in Romania, Hungary, and the Netherlands, with a leasable area of 135,000 sqm of retail space.

(Photo: Yukniphotoshot/ Dreamstime)

andrei@romania-insider.com

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