Adam Europe bought a Bucharest office portfolio from East Balkan Properties. Colliers International Romania the deal, which covers 9,047 sqm in four buildings. The price was not disclosed. “This investment represents an important moment for Adam Europe to strengthen our position on the Romanian office market as part of our strategic line along with the investment component in residential projects,” said Isaac Cohen Hoshen of Adam Europe. “As usual, we focused on key points of Bucharest, with sustainable development, which has a great potential for expanding dynamic companies, from the perspective of affordable location, high technical standards and the quality of the working environment.” The acquisition follows Adam Europe’s purchases of Phoenix Tower and Construdava Business Center. Both properties are located in Bucharest.
