Hili Properties plc, the real estate arm of Hili Ventures Ltd, has successfully secured the remaining 25% shareholding of Baneasa Real Estate SRL, the company which owns the MIRO Office Building in Bucharest, assuming full ownership as of August 1, 2024.
The addition of MIRO to Hili Properties’ portfolio was formalised in 2022 when it initially acquired a 75% shareholding in the prestigious office complex situated in the Baneasa area of Bucharest from Romanian developer Speedwell.
“Completing the acquisition of the MIRO Office Building represents a significant milestone in our growth plan. This achievement is in line with our long-term strategy to enhance and diversify our portfolio and deliver value to our stakeholders, while positively impacting the communities we serve.” said Pier Luca Demajo, Chairman of Hili Properties.
MIRO Office Building is a premier Class A mixed-use property spread across 23,000 square metres of leasable area, on five levels, complemented by a 1,700 square meter outdoor plaza.
“This flagship asset in Romania reflects our vision to invest in sustainable buildings. MIRO has become a business destination, where international companies thrive and we remain committed to creating a vibrant community MIRO” said Hili Properties Managing Director, George Kakouras.
The property is fully occupied, housing prestigious global brands including KPMG Romania, Rovere, COS, Masia, Biocodex , Speedwell , Neoclinique, Stradale, Jura, HiSky and Doctor Skin.
