Beyluxe

Date Time

Sunday, August 10, 2024
EUR
USD
JPY
BGN
CZK
DKK
GBP
HUF
PLN
RON
SEK
CHF
NOK
RUB
TRY
AUD
BRL
CAD
CNY
INR
KRW
MXN
NZD
ZAR
AED
EGP
MDL
RSD
UAH
XAU
XDR
EUR = 1.0000 USD

Business

Investors are looking towards Romania and Hungary
April 08, 2025 14:25 GMT

Investors are looking towards Romania and Hungary

 

Capital flows from Central and Eastern Europe began to penetrate beyond the safety and stability of Poland and the Czech Republic, investors being prone to risk showing a higher interest for markets such as Romania and Hungary, that were neglected until now.

 

 

Globalworth fund, preparing a funding of €200 million for investments in Romania. The entry of investors in the Romanian market could end a period in which competition has been modest, according to the Financial Times.

 

 

"Today is a little less competition for businesses in which we are interested. Everybody looks at Poland, and this is not bad for us because we can target assets at attractive prices. However if you believe in cyclical markets and the global flow of capital, Warsaw and Prague yields will fall to a level so low that investors will refocus their markets," the general manager deputy of Globalworth, Dimitris Raptis, told the Financial Times.

 

 

Most Globalworth assets are concentrated in Bucharest. Globalworth owns the BOB BOC Tower Center International, City Offices office buildings, as well as Herăstrău One, Bucharest One projects and the Upground housing complex. The market value of these projects was estimated in December at €488 million.