Euro Tower was evaluated at EUR 50 million
The 18 floors office tower Euro Tower in Bucharest, where companies such Banca Românească, ArcelorMittal, Schneider Electric or Avon have their quarters was evaluated by Colliers International at EUR 50.1 million, with a slight increase compared to the level of EUR 49.8 million, established in 2011.
The office building, controlled by the Dutch group Cascade and the investment fund ECDC is at the moment almost fully rented, and the evaluators have considered a 7% EUR yield per year, that a potential buyer could be interested in accepting in case of a transaction. (source: zf.ro)