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Pavăl Holding takes over Praktiker Hellas in international push This deal signifies the first international expansion for Dedeman, the dominant DIY market leader in Romania, and marks a new chapter in the brand's regional evolution Praktiker Hellas operates a network of 17 physical stores and an online shop, offering a portfolio of over 50,000 products and complementary services, with over 1,200 employees A key element of this acquisition is a pre
Dedeman buys land on the border with Bulgaria | NEWS Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria
Dedeman owners buy majority stake in Eli Park Craiova | NEWS The owners of Dedeman have again associated with Ionuț Dumitrescu, after in 2019 they signed the same partnership in the case of Eli Park 1 near Bucharest Now, Fortress REIT is close to signing the acquisition of this logistics park Element Industrial announced the development of a 60,000 sqm logistics park in Craiova with a total investment of €35 million in 2019 The company is building
Forte Partners starts new office project in Bucharest | NEWS The developer is also aiming for GRESB and Access4you certifications The project completes the mixed-use development established in the first two phases, which included a strong retail component The first phase of U•Center was acquired by Pavăl Holding, the investment group controlled by the founders of Dedeman
Dedeman founders buy land and warehouses in Bucharest Adrian and Dragoș Pavăl, the founders of DIY chain Dedeman, have acquired the land and warehouses owned by DB Schenker in northern Bucharest, in a deal worth over €15 million
Dedeman founders invest in logistics project near Bucharest The founders are investing in a mixed-use project in Bacău, the city which hosts Dedeman’s HQ, and are also developing a new HQ for Pavăl Holding in Bucharest In Ilfov county, near Bucharest, the Pavăl brothers own 64 hectares of land that is good for the development of warehouses
Forte Partners sells Bucharest project to Dedeman | NEWS Forte Partners has signed the full sale of The Bridge office project to Dedeman Group, producing the largest real estate transaction of the year on the Romanian market to date The Bridge project, to be developed in three phases that will create approximately 80,000 sqm, will be taken over by Dedeman Group
Dedeman completes acquisition of Bucharest office complex Romanian DIY store operator Dedeman has acquired the third building of 80,000 sqm The Bridge office complex, developed by Forte Partners in Bucharest, thus completing a €200 million transaction started in 2018
Pavăl Holding to open new HQ in Bucharest | NEWS Pavăl Holding, the group controlled by the founders of DIY chain Dedeman, will have a new HQ in Bucharest The holding is revamping Vila Hlebnikian that will serve as its main office Construction works on the 2,800 sqm building will be completed by 2023, according to Profit ro
Fortress REIT to enter Romanias logistics market | NEWS South African developer Fortress REIT is close to entering the Romanian logistics market by acquiring the logistic park in Chitila, owned by Element Industrial and Dedeman, according to Ziarul Financiar, which cites market sources