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Articles - office building sale

GLL buys Floreasca Park and Victoria Center for nearly EUR 120 million

German real estate assets management company GLL Real Estate Partners, the owner of the office building Charles de Gaulle Plaza in Bucharest, comes back on the Romanian market after almost 10 year, with two new acquisitions with a total value of nearly EUR 120 million, Floreasca Park and Victoria Center, have declared for Profit.ro sources in the real estate sector.

GLL Real Estate Partners buys Floreasca Park for over EUR 70 mln

German investment fund GLL Real Estate Partners is in the process of acquiring the Floreasca Park office project in Bucharest from its developer Portland Trust for over EUR 70 million, according to local media reports.

CA Immo bought EBRD’s shares in Europe House and River Place offices

Austrian group CA Immo, which owns several office buildings in Bucharest, with a total area of approx. 100,000 sq m, bought back the minority stakes of the EBRD in several properties in Eastern Europe, including the office buildings Europe House and River Place in Bucharest.

Shimshon Younger wants to sell his Bucharest office buildings for EUR 16 million

Israeli businessman Shimshon Younger is testing the market with his two office buildings, Armand Business Center and Victory Business Center, developed and rented in the last years of crises. He intends to get from the sale EUR 16 million.

Globalworth paid EUR 42 million for the first building in Green Court complex

Real estate development company Globalworth has closed the acquisition transaction of the first building of the Green Court office project, paying EUR 42 million to Sweden’s Skanska, the developer of the building.

WCM buys Main Triangel building for €90m

German investor WCM Beteiligungs- und Grundbesitz bought the Main Triangel office building in Frankfurt for €90m.

Skanska is testing the market in order to sell its second office building within Green Court project

Swedish group Skanska, which develops in Northern Bucharest the business park Green Court Bucharest, is testing the market in order to sell the second building off the project, currently in construction, where it has attracted tenants such as Adecco sau Sanofi, according to several sources in the market.

AEW Europe acquires, on behalf of an institutional client, Maximiliansplatz 13 in Munich - Germany

AEW Europe announced the acquisition, on behalf of one of its clients, of the MAX 13 office building in Maximiliansplatz, Munich.
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