Yellow Tree purchase Mecano office building in Bucharest

11 January 2022

The Yellow Tree real estate group, indirectly controlled by the British businessman Carl Bossino, bought the Mecano Export-Import office building, in the center of Bucharest, from the Mecanoexportimport company.

Mecanoexportimport asked the building for a price of about EUR 9.5 million, ie around EUR 1,900 / sqm, who added that another EUR 1-2 million would be needed for the building. renovation.

The traded property has been used since 2004, has a total leasable area of about 5,000 sqm and is spread over 10 levels, with parking located on two underground levels.

Source: Profit.ro

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