Investment funds Revetas Capital and Cerberus are considering the sale of The Landmark offices near Piaţa Romană, where the offices of UiPath and the Radisson hotel on Calea Victoriei are located, according to sources from the real estate market.
The first discussion for a possible sale of The Landmark offices appeared at the beginning of 2020, before the pandemic. At that time, a record yield for the local market of 6.75 percent was taken into account.
The sale of the two properties could bring in the accounts of the two funds between EUR 250 and 300 million, being, together with the sale of Globalworth’s logistics portfolio, one of the largest possible transactions in 2024.
