Raiffeisen Property Holding International is evaluating the potential sale of the FCC office building in Bucharest, which serves as the headquarters of Raiffeisen Bank Romania.
The property, located within the Floreasca-Barbu Văcărescu business district alongside SkyTower and Promenada Mall, offers approximately 17,130 sq m of space across seven floors. Raiffeisen Bank Romania occupies the building under a long-term lease agreement.
Leo Forstner, Managing Director of Raiffeisen Property Holding International Romania, said: “Raiffeisen Property Holding International is analyzing a possible sale of the FCC building in Bucharest, and after receiving several requests for this asset, we decided to start a structured process for a potential transaction. Raiffeisen Bank Romania has a long-term lease agreement for this building. We are willing to sell the property only if the transaction price exceeds the minimum threshold, which is clearly above the level of EUR 40 million. Regarding SkyTower, we are following a hold strategy.”
The move comes amid broader activity by the Raiffeisen Group in Romania, including the acquisition of Garanti Bank Romania.
Source: Profit.ro