Studium Green, a Cluj-Napoca-based company specializing in real estate developments, owned by entrepreneur Dorin Bob, has completed the sale of some land in the Jilava locality to the Altex group and the furniture and decoration retailer mömax. The land will be integrated into a larger lot owned by the Altex group, which will form the basis for the development of the largest retail park in southern Bucharest. The total value of the transactions carried out by Studium Green with the Altex and mömax groups is over EUR 17 million.
Studium Green remains part of the project for the development of the future commercial park, where it will develop HoReCa facilities. Also, across the road from the future park, Dorin Bob owns a 23,000 sq m plot of land, for which possible complementary facilities are currently being analyzed.
Studium Green was assisted in the transaction with the Altex group by the Reff & Asociații | Deloitte Legal.