News Article Activ Property Services Bucharest office redevelopment Romania
by Property Forum | Office

The former Stock Exchange Palace, a historic heritage building located in the centre of Bucharest, has entered into a full process of commercial redevelopment.

Built at the beginning of the 20th century at the suggestion of King Carol I, the building was the headquarters of the Stock Exchange during the interwar period and afterwards the headquarters of the National Library of Romania. In 2008, the building was returned to the Chamber of Commerce and Industry of Bucharest.
The building is located at the junction of Doamnei and Ion Ghica streets, across the National Bank of Romania and the new DoubleTree by Hilton hotel which is also an historical building that was refurbished and extended.
Activ Property Services, member of GVA Worldwide and the exclusive agent of the project, has provided letting services for all the available spaces afterwards the Chamber of Commerce has occupied the second floor and part of the building’s third floor.
The retail spaces located at the building’s ground floor have been leased by Toan's (134 sqm), a Vietnamese restaurant chain, La Vita e Velo (104 sqm), a bicycle retailer specialized in top English brands, along with Forma Art Café (150 sqm). All units are already fit-out and expect to open soon.
The first floor’s west wing (1,000 sqm) is used by NF Palace Old City Bucharest, a local operator's hotel that runs also other locations in the Historical Center. The last unit from the third floor is occupied by the architecture office of Metropolis.