Adam Europe buys Bucharest office portfolio from East Balkan Properties

Adam Europe buys Bucharest office portfolio from East Balkan Properties

Published at: 2018-08-08 11:27 | Author: CIJ Romania
Adam Europe bought a Bucharest office portfolio from East Balkan Properties. Colliers International Romania the deal, which covers 9,047 sqm in four buildings. The price was not disclosed. “This investment represents an important moment for Adam Europe to strengthen our position on the Romanian office market as part of our strategic line along with the investment component in residential projects,” said Isaac Cohen Hoshen of Adam Europe. “As usual, we focused on key points of Bucharest, with sustainable development, which has a great potential for expanding dynamic companies, from the perspective of affordable location, high technical standards and the quality of the working environment.” The acquisition follows Adam Europe’s purchases of Phoenix Tower and Construdava Business Center. Both properties are located in Bucharest.

Similar Stories:

GalCap Europe completes first property deal in Poland
GalCap Europe finalized its first commercial real estate deal in Poland. The investment an  »
EC investigates Vodafone's plans to buy UPC
The European Commission has delayed the planned acquisition of UPC by Vodafone's owne  »
THE MOST EFFERVESCENT REAL ESTATE AREA IN ROMANIA
The area located adjoining Aurel Vlaicu metro, at the junction of Barbu Vacarescu, Pipera  »
Immobel sells Cedet office building in Warsaw for €129.5m
Immobel has sold the Cedet office building in Warsaw for €129.5m to a fund managed by GL  »
on behalf of a separate account for a German pension scheme, administered by Institutional   »
Czech Republic  ♦  100 Towers lands Táborská 31
The growing collection of Czech domestic investors that’s become such a force on the loc   »
Romania’s tallest building, the 137m Sky Tower in Bucharest, is to be surpassed next yea   »
Czech Republic  ♦  Three PropTech myths debunked
Something is happening here. And as it happens with anything that’s new, the whole movem   »