Hili Ventures €30 million acquisition of ART Business Centre

8/5/2017
Private acquisition

€ 30 million

$ 32.7 million

Completed

8/5/2017


Overview:

  • Hili Ventures has acquired ART Business Centre from FBC Exclusiv Company for €30 million.
  • Financing for the deal was provided by Banca Comerciala Romana.
  • Located in the affluent Nordului neighbourhood in northern Bucharest, the nine-storey property boasts 18,600 square metres of gross leasable area and sits on a footprint of 3,400 square metres. The three underground floors accommodate 407 parking spaces.

Katrin Kostadinova - Data analyst

Jurisdiction:

Romania

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Romania

Industry sector:

Real estate


Firms:

Party: Banca Comercială Română (BCR) (Financiers)


Party: Hili Ventures (Acquirer)