Thursday, 10 September 2026
Țuca Zbârcea & Asociații was retained by the majority shareholder in a complex share-deal for the sale of Neocity Tower I and Neocity Tower II in central Bucharest to Global Vision.
With a total built area of approximately 10,000 square meters, the assets were originally acquired by the current seller from the developer, Neocity Group, having served as Alpha Bank’s headquarters for more than two decades.
“This deal is a significant milestone for the Romanian office market as it confirms the robust potential for monetisation and revitalisation of strategically located office buildings. It was a major project involving nearly two years of intense negotiations, during which we worked closely with the legal and real estate advisory teams representing both sides. We thank our client for their trust and professionalism throughout this intricate process, and the buyer’s team at Global Vision for their constructive approach,” said Dragoș Apostol, Partner at Țuca Zbârcea & Asociații.
