Adval secures €6.7m in refinancing for Banu Antonache offices

7 December 2016

Adval Asset Management secured €6.7m to refinance its Banu Antonache office building in Bucharest’s Floreasca district. JLL’s capital markets team supported Adval Asset Management in this deal. The scheme, delivered in 2006, offers 4,500 sqm of space. Tenants include Opel, DTZ and BNP Paribas Group. The building is fully leased.

“Our active management, together with the property’s strong leasing structure and its great location within the heart of Floreasca have made it a very bankable asset,” said David Hayward, CEO of Adval.

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