„We are happy to have completed the acquisition of TCI. Being the second tallest building in Bucharest and strategically located in the centre of the city, in Victoriei Square, with tenants such as Ernst & Young, Hidroelectrica, Deutsche Bank, European Funds Ministry and Cegeka, TCI represents a key asset", has declared in a press release Dimitris Raptis, deputy chief executive officer and chief investment officer within Globalworth.

The office building’s acquisition was made according to the main terms and conditions of the agreement, announced in September 2013.

The acquisition cost of the company owning the building is EUR 58 million.

Ioannis Papalekas owned 50% of this company, the rest being owned by another company, controlled by the businessman din Dragoş Bîlteanu. For its share, Bîlteanu, through  Pokandro Limited has already received EUR 6 million from the EUR 11.6 million, as well as 200,000 shares, at the value of EUR 5 per share, the value at the moment of Globalworth’s listing on the secondary market if London Stock Exchange. Over 2.5 million shares entered the account of Stănuta Enterprises Limited, controlled Papalekas. The total value of the shares issued is EUR 13.6 million. (source: economica.net)