More RE has mediated transactions of 70 million €More RE has mediated transactions of 70 million €More RE a intermediat tranzactii de 70 mil. €

The real estate consulting company with Greek capital More Real Estate Services has mediated this year, on the Romanian real estate market, 17 transactions with office spaces, commercial properties and lands, in value of 70 million Euros, under the conditions where, in 2008, the facilitated sale-purchase agreements   have added up to 150 million Euros.
      “From the incorporation of the company, in 2004, we have offered consulting services for 260 transactions, adding up to 400 million Euros, more than one third of them being performed outside Bucharest, in 15 towns.

The real estate consulting company with Greek capital More Real Estate Services has mediated this year, on the Romanian real estate market, 17 transactions with office spaces, commercial properties and lands, in value of 70 million Euros, under the conditions where, in 2008, the facilitated sale-purchase agreements   have added up to 150 million Euros.

“From the incorporation of the company, in 2004, we have offered consulting services for 260 transactions, adding up to 400 million Euros, more than one third of them being performed outside Bucharest, in 15 towns.

Compania de consultanta imobiliara cu capital grecesc More Real Estate Services a intermediat in acest an, pe  imobiliara romaneasca, 17 tranzactii cu spatii de birouri, comerciale si terenuri, in valoare de 70 mil. euro, in conditiile in care, in 2008, contractele de vanzare-cumparare facilitate au totalizat 150 mil. euro.
      “De la infiintarea firmei, in 2004, am acordat consultanta pentru 260 de tranzactii, in valoare de peste 400 mil. euro, mai mult de o treime dintre acestea fiind efectuate in afara Bucurestiului, in 15 orase. Pentru acest an, avem un buget de investitii din partea clientilor nostri – persoane private si fonduri de investitii – de 400 mil. euro”, a declarat Ilias Papageorgiadis, CEO-ul companiei.
       Potrivit estimarilor acestuia, din bugetul de 400 mil. euro, cel mai probabil vor fi investite in jur de 160-180 mil. euro. Printre clientii firmei se numara Secure Fund, Panhol Development, Starbucks, Deichmann, Sprider si Eye C, Piraeus Bank.
       Pe langa investitiile realizate pentru clientii firmei, More Real Estate a realizat in acest an si tranzactii in nume propriu, in valoare de 1,9 mil. euro, sustinute din fonduri proprii si din imprumuturi bancare.
       “Randamentele au crescut la 9-9,5%, pana la 11-12% in Bucuresti, iar in alte orase sunt peste 10%”, a afirmat Papageorgiadis.

Sursa: http://standard.money.ro/articol_97493/more_re_a_intermediat_tranzactii_de_70_mil.html

For this year, we have an investment budget from our clients – private persons and investment funds – of 400 million Euros, has declared  Ilias Papageorgiadis, the company CEO.
       According to his estimations, out of the 400 million Euros budget,  most probably there shall be invested about 160-180 million Euros. Among the company clients, there are  Secure Fund, Panhol Development, Starbucks, Deichmann, Sprider and Eye C, Piraeus Bank.
      This year, in addition to the investments made for the company clients, More Real Estate has also performed transactions for its won account, in value of  1.9 million Euros, sustained from its own funds and from bank loans.
      “The yield has increased to 9-9.5%, event to 11-12% in Bucharest, and in other cities it is of  more than 10%”, stated Papageorgiadis.

Author: Alexandru Urzica

Business standard

For this year, we have an investment budget from our clients – private persons and investment funds – of 400 million Euros, has declared  Ilias Papageorgiadis, the company CEO.
According to his estimations, out of the 400 million Euros budget,  most probably there shall be invested about 160-180 million Euros. Among the company clients, there are  Secure Fund, Panhol Development, Starbucks, Deichmann, Sprider and Eye C, Piraeus Bank.
This year, in addition to the investments made for the company clients, More Real Estate has also performed transactions for its won account, in value of  1.9 million Euros, sustained from its own funds and from bank loans.
“The yield has increased to 9-9.5%, event to 11-12% in Bucharest, and in other cities it is of  more than 10%”, stated Papageorgiadis.

Author: Alexandru Urzica

Business standard, Daily business publication, 04.06.2009