Building, Policolor, Investment opportunity, medical, rezidential, offices
Click here to load reader
-
Upload
roxana-pavel-salvado -
Category
Real Estate
-
view
82 -
download
0
description
Transcript of Building, Policolor, Investment opportunity, medical, rezidential, offices
INVESTMENT
OPORTUNITY 2014 –
building for medical
center/offices
Anteea Estate www.anteea-estate.ro
Contents
Building Characteristics
Occupancy rate
Policolor Building in images
1
2
4
3 3
Retail/ office market 2014 5
Building specifications/ facilities
Building Characteristics
• Location: next to Policolor factory, Theodor Pallady Bulevard,
district 1; 30 meters from Nicolae Teclu metro station, line M3;
• Access roads – Theodor Pallady Bulevard;
• Total GLA: 8000 sq.m./ 3000 sq.m. land plot;
• Structure of building: P+4;
• Parking space: 50 places;
• Utilities: water, gas, ventilation, waste;
SELLING PRICE: 2,300,000 € + VAT
Catchment aria
• Primary catchment aria:261, 306 inhabitants (15.6%) from
the total population of Bucharest;
• Secondary catchment aria: 342,541 inhabitants (20.4%) of
the total population of Bucharest;
• Tertiary catchment aria: 1,677,985 inhabitants – total
population of Bucharest;
• Situated in an area characterized by major residential
expansions within the last 2 years – 1000 apartments
delivered per year.
Policolor Building – Theodor Palady
Street
Medical Services Market – 2014 -
Romania
• The growth of medical service market in Romania was
constant in the last years;
• Market value : 570 millions Euro;
• First three players: Medicover, Medlife and Regina Maria;
• In 2013 , approximately 80% of the Romanian population
chose the option of private medical services;
• People choose private health due to the poor state of
public hospital units.
• Private healthcare units in Bucharest represent 40% of
the total – if we are referring to the total market value of
private medical services.
General View of Romanian real-
estate market - 2014
• The Romanian real-estate market transactions were around 402 million Euro in the 1st half of 2014 and the entire transitioned surface was over 692,000 square meters.
• Compared with first half of 2013 the market reported an increase in investments of 222% (3. 22 times);
• In comparison with the entire year , the increase in the first semester was of 17%.*
• Due to increased investments the prime yields for the office market suffered a compression from 8,25% to 8%.
• The rest of prime yields remained unchanged. *
• The prime rent was relatively stable for the commercial centers – 60 Euro/sq.m. / month; 18 Euro/sq.m./month for office space *
* According to a CBRE market report
Office space – Romanian market
2014 -
• Q2 office take-up reached 89,500 sq.m in Bucharest, marking a 47% growth on previous quarter.
• New leases accounted for 40% of take-up, followed by renewals (29%), expansions and pre-leases each with 16%.
• Relocations represented 43% of take-up, while 30% was new demand.
• Over the quarter 46,700 sq.m of space was delivered in Bucharest taking overall stock levels to 2.1 million sq.m of which approximately 75% is Grade A.
• Pipeline activity recorded an increase to 172,000 sq.m, out of which 76,600 sq.m is due for completion over the remainder of the year.
• Vacancy rate is expected to remain around 13% as during the last 4 quarters.
Office space – Romanian market
2014
www.anteea-estate.ro
Your partner for growth