The Hungarian fund Adventum expands in Romania and buys the @Expo office building in Bucharest. The transaction is estimated at EUR 120 million.
Atenor, the developer of the @Expo complex in the Romexpo area of the Capital, announced the signing of a bilateral promise for the sale of its buildings to Adventum. It is the second transaction to be initialed between the two parties. Adventum also bought the Hermes Business Campus office complex from Atenor in 2021 for EUR 150 million.
The @Expo complex has three office buildings with a total leasable area of 48,900 sqm. The first two buildings were completed last year and the third is to be completed in the first quarter of this year.
Source: Economica.net