Hanner Holding has acquired part of the former Grivița Beer Factory site in central Bucharest. This transaction, worth €5m, marks Hanner’s debut on the Romanian office segment. The 11,000 sqm plot in the city’s Grozăvești district is located near the Grozăvești and Basarab metro stations. The property includes three buildings that have been classified as monuments.
“Following our 10 years of presence on the Romanian market, during which we developed several residential projects, we believe that is time to upscale our operations and prove our expertise in other segments of the real estate market. The Grozăvești area is transforming, shaping a new office district of the city, so it was only natural for us to choose this region for our first mixed-use project in Romania,” said Mindaugas Valuckas, CEO of Hanner Holding, whose residential projects include The Park, Carol Park Residence and City Center.
