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Home Countries Romania

Alfa Group Acquires Part of IRIDE Business Park in Bucharest

David Stuckey by David Stuckey
October 11, 2024
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Alfa Group Acquires Part of IRIDE Business Park in Bucharest
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Romania’s Alfa Group has acquired the largest part of the IRIDE Business Park project and two other nearby properties in Bucharest from Czechia’s CPI Group.

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The IRIDE Business Park, which was the first and remains one of the largest business parks in Bucharest, is located in the Pipera neighborhood of the city. In addition to office buildings and logistics spaces, the park includes a parking area, restaurants and cafes, convenience stores, a medical center, and a dental clinic.

According to the PeliPartners law firm, which advised the Alfa Group on the deal, “the transaction is not only limited to the acquisition of office space but also includes related logistics facilities essential to optimize the company’s future operations.”

Image source: immofinanz.com

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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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