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Articles - office building sale

Praktiker Real Estate Romania buys Bucharest office building in EUR 8 mln deal

Praktiker Real Estate Romania completed the acquisition of Muntenia Business Center, the office building on Splaiul Unirii in Bucharest, with a total area of ​​9,750 sqm. The transaction value amounted to approximately EUR 8 million.

Alfa Group bought the largest part of the IRIDE Park office project, located in the North of Bucharest, from CPI Property Group

Deloitte Romania assisted the Romanian entrepreneurial group Alfa Group in the acquisition of the largest part of the IRIDE Park project, located in the North of the Capital, along with two other properties in the proximity, from CPI Property Group, the Czech group that owns real estate projects in several countries in Central and Eastern Europe. The transaction was signed in October 2024.

Vectr Realty acquires The Landmark offices in Bucharest from Revetas Capital

Vectr Holdings, through its subsidiary Vectr Realty, acquired 100% shares of the company that owns The Landmark office building in Bucharest, as part of its growth plans in Romania. The property was bought from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

Carol Davila University of Medicine and Pharmacy buys Quest office building in Bucharest

The Carol Davila University of Medicine and Pharmacy completed the purchase of Quest, a boutique building in central-eastern Bucharest that will be used by the Institute for Research and Development in Genomics.

Romanian real estate group ONE sells One North Gate office building in Bucharest

Real estate developer One United Properties (BVB: ONE) has informed its shareholders of signing an agreement to sell an office building owned by One North Gate, in which the company holds a 76.39 pct stake.

One United Properties sold all the shares of One Herăstrau Office

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a sale agreement for all the shares of One Herăstrău Office S.A. to a private investor. The value of the transaction amounts to 21 million euros. One United Properties was assisted in the transaction by JLL Romania.

Global Vision has acquired Nova Building, which will be transformed into a smart sustainable building

Global Vision has acquired Nova Building – an office property located in Northern Bucharest (Dimitrie Pompeiu area), with a constructed area of 8,300 sq.m. Following the acquisition, the building will be refurbished to incorporate sustainable features, it will undergo a rebranding process, and its new name will be Corner Office Building. The overall value of the investment is expected to exceed 12 million euros.

Bluehouse Capital sells Olympia Tower offices to Yellow Tree

Bluehouse Capital has sold Olympia Tower office building in Bucharest to Yellow Tree. Situated in the proximity of Unirii Square, the 2009 built class A office building comprises 10,000 sq m of GLA and is currently 93% occupied. The value of the transaction was not published.

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