Romanian lender BCR, part of Austria’s Erste Group Bank, has reportedly reached an agreement to sell the Bucharest Financial Plaza office building on Calea Victoriei that served as the headquarters of defunct state lender Bancorex. The buyer is a German investor and the details of the deal will be announced in early December, Economica.net reports.
Bucharest Financial Plaza (BFP) has a gross leasable area of 26,300 sqm and is valued at over €45 million.
Last year, BCR disposed of its former headquarters, the Oscar Maugsch Palace in Piața Universității. The buyer, a Luxembourg-based real estate investment vehicle, paid €30 million for the property.
Sign up today for the latest news