Praktiker Real Estate Romania acquires the Muntenia Business Center office building

Praktiker Real Estate Romania has successfully completed the acquisition of Muntenia Business Center, the office building located on Splaiul Unirii, No. 16, with a total area of 9,750 sq m. The transaction value amounted to approximately EUR 8 million.

The property was acquired from Voluthema Property Developer, a company owned by Longshield Investment Group, known for its involvement in the development of landmark projects in the real estate sector.

The real estate company Crosspoint Real Estate, a partner in Romania of Savills International, exclusively assisted Voluthema Property Developer in the sale process of the Muntenia Business Center office building.