ROMANIA Praktiker RE buys Bucharest building for €8m
Investment & financeschedule 09 December 2024
Praktiker Real Estate has acquired the Muntenia Business Center in central Bucharest for around EUR 8 mln
The seller of the property is Voluthema Property Developer, part of Longshield Invetsment Group, which was exclusively advised by Crosspoint Real Estate.
The ten-storey building at Splaiul Unirii 16 in District 4 has a total area of 9,750 sqm, of which 5,870 sqm is offices as well as a roof-top restaurant and terrace and 35 parking spaces. It was completed in 1996 and the façade was renovated in 2012. Around 60 companies lease space in the building.
In line with new trends in the real estat
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