LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Wednesday it has acquired Tower Centre International, a recently constructed landmark office building in Bucharest's central business district.
The Romania-focused real estate investment firm said it has acquired the 26 floor, 24,711 square metre site in a EUR58 million deal.
Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer of the company said, "We delighted to have completed the acquisition of TCI. Being the second tallest building in Bucharest and strategically located in the heart of the city's CBD in Victoriei Square, with tenants such as EY (Ernst & Young), Hidroelectrica, Deutsche Bank, the Romanian Ministry of European Funds and Cegeka, TCI constitutes a landmark office asset."
Shares in Globalworth last traded at 5.375 pence per share.
By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance
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Globalworth (GWI)