Globalworth acquires another Bucharest office project
Investment & financeschedule 08 December 2014
ROMANIA Globalworth Real Estate Investments has bought Nusco Tower, a 23,000 sqm gla office building in Bucharest, for EUR 46 mln. The transaction is scheduled to close in Q2 2015.
The Guernsey-based investor has also completed the acquisition of a EUR 4 mln land plot from the building’s owner, Nusco Group. The app. 2,434 sqm land plot is located "nearly 200 meters away" from the office tower and has all the necessary building permits to develop an 12,000 sqm gla office building, the company informed. Located in Bucharest's new central business district, on Gara Herastrau, the twenty-storey Nusco Tower is currently leased in app. 91 pct by such tenants as Oracle, Bayer a
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