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.