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Ioannis Papalekas, one of the world's richest people, enters the US real estate market by purchasing an emblematic property

Greek businessman Ioannis Papalekas (49 years old), who exited the Globalworth business in 2020 following transactions valued at 330 million euros, has signed an agreement that provides for the full acquisition of the real estate portfolio, consisting of offices and retail spaces, known as Transamerica Pyramid Center and operated ...
March 25, 2026

Pavăl Holding has completed the acquisition of Carrefour Romania, after the transaction of 823 million euros!

The first message from Karina, the heiress of the Pavăl brothers' empire and the one who completed the acquisition of Carrefour Romania, after the 823 million euro transaction Carrefour Romania operates 478 stores nationwide, including hypermarkets, supermarkets and convenience stores, generating gross sales of approximately 3.2 billion euros in 2024. "This transaction marks ...
February 20, 2026

The transaction of the year in Iași!

Transaction of the year in Iași: 8.9 million euros for 7.4 hectares. One of the largest retailers in the EU, buyer Hornbach, one of the largest European DIY retailers, will pay 8.9 million euros (excluding VAT) for the acquisition of 7.4 hectares in order to build a store in the Mall Moldova area. ,Hornbach intend to open at ...
January 16, 2026

The largest real estate investor in Romania completes the first stage of modernization of the foodcourt area in Promenada Mall

The redevelopment began this summer, is being carried out in stages and will be completed in 2026. With the completion of the first stage of the redevelopment process of the foodcourt area, Promenada Mall adds eight new names to the list of tenants. In addition, three restaurants are reopening in modernized spaces. The transformation of the 1000 square meter foodcourt ...
October 22, 2025

Claude Sarrailh, CEO of Ahold Delhaize for Europe and Indonesia, a business worth over 35 billion euros

♦ The Dutch-Belgian group Ahold Delhaize owns the Profi and Mega Image networks in Romania, which bring together about 2,700 stores and businesses worth 4.8 billion euros annually. The food trade group Ahold Delhaize, which owns the Profi and Mega Image networks in Romania, continues to see growth potential for the local economy and the retail market, ...
October 22, 2025

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