Local developer One United Properties, owned by businessmen Andrei Diaconescu and Victor Capitanu, has acquired the land of the former Ventilatorul plant and an office building near Victoriei Square in Bucharest from Immofinanz. The deal is valued at €39 million, Ziarul Financiar reports.
One United Properties will use the 5.3 ha land plot, which is located close to a new metro line, for a mixed-use project that will include office, residential and retail components. Construction will start next year.
The Bucharest Business Center office building offers 11,672 sqm of leasable space
