CBRE, the leading player on the real estate consulting market, has become the property manager of the U•Center office building developed by Forte Partners and currently owned by Paval Holding.
Law firm Filip & Company has assisted businessman Florin Pogonaru and Tudor Georgescu, CEO of Promateris, a Romanian manufacturer of biodegradable and compostable packaging, with the sale of a 24 % stake to Paval Holding owned by Adrian and Dragos Paval, the shareholders of do-it-yourself (DIY) retailer Dedeman.
Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, on Monday reported total revenue of RON1.37 billion for 2021, compared to RON3.3 billion in 2020, and a net profit of RON1.24 billion, down 60% on the year.
Albota Law Firm has assisted Belgian real estate developer Atenor in the sale of Dacia One project to Paval Holding, the owner of do-it-yourself (DIY) retailer Dedeman in Romania.
Atenor completed the sale of Dacia One project to Paval Holding, in a sale with a financial impact of EUR50 million, according to the Belgian company.
Real estate consulting firm CBRE Romania has assisted Romanian companies Element Industrial and Paval Holding throughout the sale of their first logistics park, the ELI Park 1 industrial park, developed in northern Bucharest, in the Chitila-Buftea area.
Half of the 12 million shares bought by large investors in the initial public offering (IPO) preliminary to the listing of river freight transporter Transport Trade Services (TTS) on the Bucharest Stock Exchange was acquired by three investors, respectively, Paval Holding, Dutch group NN and private pension fund VITAL.
Entrepreneurs Adrian Paval and Dragos Paval, owners of DIY chain Dedeman, have transferred the 73% stake Dedeman owned in brick manufacturer Cemacon to their investment vehicle Paval Holding.