Longshield Investment Group Acquires Second Bucharest Office Building

Bucur SA a company controlled by Longshield Investment Group has approved the acquisition of another office building in Bucharest following its recent purchase of the CSDA Siriului property.The latest asset is located on Dr. Felix Street no. 87 near Victoriei Square. It has six floors and a leasable area of about 3000 square metres. The maximum transaction value is set at €3.05 million excluding VAT.This marks Bucur SA’s second acquisition in under two months. At the end of July the company concluded a sale-purchase agreement for the CSDA Siriului office building which also has six floors and a leasable area of 3617 square metres. That deal was valued at over €6 million.

Source: economica.net