One United Properties announces the completion of a new acquisition of an office building, Eliade Tower. The building was acquired from Eurobank S.A. Greece for EUR 9.5 million.
Eliade Tower building is located on Mircea Eliade Boulevard no. 18, near the internationally awarded mixed-use compound One Floreasca City, developed by One United Properties on a plot of land of 2.9 ha. The compound has an office component – One Tower, three residential towers – One Mircea Eliade and a commercial area – One Gallery.
“We are interested in opportunities for acquiring key properties for our portfolio, and our recent share capital increase allows us to do just that. Eliade Tower has a strategic location near One Floreasca City, in maybe the most desired place to be in Bucharest today. In the short term Eliade Tower will operate as an office building in our company’s office portfolio, but for the medium and long term we will analyse the optimal use of the property”, said Victor Căpitanu, co-CEO of One United Properties.
Eliade Tower building has an area of approximately 10,000 sqm spread over 10 floors, it is located on a plot of 4,224 sqm, and benefits from above-ground parking. It is currently approximately 50 percent leased.
