Andrew Sheehy and Noel Tynan in advanced discussions for the sale of Neocity Towers
Irish businessmen Andrew Sheehy and Noel Tynan are in advanced discussions with a Romanian investor for the sale of the former headquarters of Alpha Bank, on Calea Dorobanților in Bucharest, in a transaction estimated at around EUR 11 million.
The transaction concerns the building called Neocity Towers, developed between 2001-2004, among the first modern glass and steel buildings in central Bucharest, with an area of around 8,700 square meters. The building was developed by the Neocity group, founded and led by Israeli businessman Ehud Benshach.
The building, now empty, after Alpha Bank moved its headquarters to the Platinum Center building and part of its operations to City Gate, has been put up for sale for several years.
Source: Profit.ro
