Global Finance sold former Automatica factory plot, on Bucharest’s Calea Floreasca
Investment fund Global Finance, through its real estate division, sold the land of the former Automatica factory situated on Calea Floreasca in Bucharest to the French group Auchan and One United, a company specialized in luxury residential projects and to a company specialized in offices, according to sources in the market.
The three investors plan the development of a mixed-use project on the former platform which was in the property of Global Finance since 2007. In 2007, the investment fund bought the 28,000 sqm plot on the Automatica platform, near Hala Ford, a historical monument.
The Automatica building is currently in ruin. (source: zf.ro)