Israel’s AFI Europe has bought the Bucharest Financial Plaza office building from Austria’s Immofinanz group for a reported EUR 27 million.
Bucharest Financial Plaza is located on Calea Victoriei no. 15 in Bucharest, near the CEC Palace, and has a total area of 38,703 square meters. The building — which AFI Europe reports was “the first modern office development in the Romanian capital after 1990, swiftly becoming a symbol of a new business era” — is being renovated.
According to AFI Europe, “we will transform this iconic property into an A-Class, mixed-use project that meets the highest standards of quality and sustainability, creating the perfect work and leisure destination in the heart of Bucharest.”
Bianca Stamatoiu, the Head of Legal at AFI Europe Romania, described herself as being “thrilled that AFI Europe Romania has successfully acquired [the] Bucharest Financial Plaza, marking a significant step forward in our journey. This isn’t just another property in our portfolio — it’s an innovative project that aligns with our commitment to sustainability and excellence in the heart of Bucharest.”
The Popovici Nitu Stoica & Asociatii law firm reportedly advised AFI Europe on the deal.
Image source: thediplomat.ro
