September 14, 2025

Alfa Group Acquires Part of IRIDE Business Park in Bucharest

Romania’s Alfa Group has acquired the largest part of the IRIDE Business Park project and two other nearby properties in Bucharest from Czechia’s CPI Group.

The IRIDE Business Park, which was the first and remains one of the largest business parks in Bucharest, is located in the Pipera neighborhood of the city. In addition to office buildings and logistics spaces, the park includes a parking area, restaurants and cafes, convenience stores, a medical center, and a dental clinic.

According to the PeliPartners law firm, which advised the Alfa Group on the deal, “the transaction is not only limited to the acquisition of office space but also includes related logistics facilities essential to optimize the company’s future operations.”

Image source: immofinanz.com

Get the memo – every week

Essential real estate market updates, straight to your inbox.

Manova Partners Acquires Warsaw’s VIBE Office Building

Ghelamco, the seller of the VIBE building, described it as “one of the most ecological buildings in Poland.”

Panattoni Receives EUR 30.5 Million Financing for Panattoni Park Sosnowiec V

According to the company, the first stage involves the construction of a hall with an area of over 33,000 square meters, which is scheduled for completion in the fourth quarter of 2025.

Capitalica Asset Management Begins Construction of Verde C and D in Riga

According to Capitalica, the C and D buildings will expand the Verde complex by 37,000 square meters, including 22,500 square meters of leasable A-class office space.