Fosun completes acquisition of Floreasca Park in Bucharest

10 August 2020

Fosun has completed its acquisition of the Floreasca Park office complex in Bucharest. The deal is valued at more than €100m. The seller was GLL Real Estate Partners. Floreasca Park was developed by Portland Trust, following a total investment of about €70m. The property was bought in 2015 by GLL from Portland Trust for about €100m. Floreasca Park offers 38,000 sqm in two buildings. One of the buildings is entirely occupied by Oracle.

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