The Faculty of Law within Babeș-Bolyai University paid 40 million lei (around €8.1 million) to purchase Opera Plaza Hotel in Cluj-Napoca. The building will serve as the new HQ of the public educational institution.
The hotel building has a surface of around 8,000 sqm and is located in the city’s historical district. Opera Plaza was the first 5-star hotel that was opened in Cluj-Napoca.
The transaction was brokered by RE/MAX Romania. The agency’s representatives said this was the biggest deal closed locally since it started operations in the country.
At present, RE/MAX has over 50 franchises and more than 600 real estate professionals in Romania.
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