Globalworth Real Estate Investments has completed its acquisition of the second office building in Green Court from its developer Skanska Property Romania. The approximate value of the transaction is €47m and BCR (part of Erste Group) contributed by providing a €20m loan to the buyer. Skanska received a €2m down payment.
Green Court Bucharest is located in the capital’s new central business district and was commissioned for use in April. Building B offers around 18,600 sqm of leasable space, 80 percent of which is leased to companies like Sanofi Romania, Adecco Romania, Carrefour Romania and Colgate Palmolive Romania.
