One United Properties puts One Victoriei Plaza building up for sale

One United Properties has put the One Victoriei Plaza office building in central Bucharest up for sale. The building is fully leased, for a remaining period of approximately 10 years, by First Bank.

The building was purchased from businessman Dorin Mateiu in the summer of 2022 for approximately EUR 28 million. One Victoriei Plaza has 15 floors, a total leasable area of approximately 12,000 square meters and 4 underground levels with 93 parking spaces.

“It is a natural process of recycling the invested capital and redirecting the profits obtained towards the development of larger projects, with mixed functions. We want to continue developing office projects such as One Tower, One Cotroceni or the Infineon headquarters, because there is demand from tenants. It is a normal cycle for any developer/investor to follow these steps. It is not an official process, but we are exploring some options. There is interest, but we are in the early stages. The asking price is 33 million euros,” said Mihai Păduroiu, CEO of Office Division One United Properties.

Source: Profit.ro

Check out the CEE FULL LIST OF NOMINEES for HOF Awards Gala 2025

CIJ EUROPE is pleased to announce the full list of CEE nominees for the 10th edition of HOF Awards Gala – Best of the Best Hall of Fame which will be held on 13th of May, at Radisson Blu Hotel, in Bucharest.

HOF Awards nominees are the winning projects and companies in each category at the CIJ Awards Gala 2024 which now advance to the Best of the Best CIJ HOF Awards 2025 where only the winning elite is presented from countries from around Europe.

Please find below the CEE best of the best real estate projects and companies in 2024:

Best Standard Residential Development of the Year
SK Čerešne Lake by ITB Development
CZ Lihovar Smíchov by Trigema
RO Vulcan Residence by NEPI Rockcastle
HU Waterfront City by Biggeorge Property
PL Osiedle Młynówka by Redkom Development

Best Premium Residential Development of the Year
SK EUROVEA II by JTRE
RO Nusco City by Nusco
CZ Pařížská 25 by Kaprain Real Estate
PL Neo Natolin (I-st Stage) by Real Management

Best Residential Buildup In Development
RO The Meadows by Speedwell
HU Marina City by CORDIA
CZ SO-HO Rezidence 2 by Cresco Real Estate
SK PARQ Zátišie by Atrios
PL Port Praski Doki by Port Praski

Best Office Development of the Year
CZ Roztyly Plaza by Passerinvest
HU Millennium Gardens phase 2 by Trigránit
RO AFI Loft by AFI Europe
PL VIBE A by Ghelamco
PL Grundmanna Office Park A, Katowice – Cavatina Holding

Best Office Buildup Development of the Year
CZ Česká spořitelna HQ Smichov City by Sekyra Group
RO Timpuri Noi Square, Phase 2 by Vastint Romania
PL Skyliner II by Karimpol

Best Legacy (Reconstruction) Development of the Year
HU Liget Center by WING
CZ Dunaj Palace by ZEITGEIST
RO Corner Office Building by Global Vision

Best Retail Development of the Year
RO Arges Mall by Prime Kapital
CZ Palac Savarin by CRESTYL
SK Spektrum Ružomberok by Mayflower Group
PL M Park Pionki by LCP Properties

Best Retail, Leisure & Hotel Upcoming Development of the Year
SK Point Liptovský Mikuláš by OPC Group
HU TRIBE Budapest Airport Hotel by WING

Best Warehouse Development of the Year
RO VGP Park Brasov, Inter Cars by VGP Romania
HU CTPark Szigetszentmiklós by SZG1 by CTP
SK Panattoni Park North (Lear Corporation) by Panattoni
CZ Urbanity Campus Tachov by Urbanity
PL Panattoni BTS TRILUX by Panattoni

Best Warehouse Buildup in Development of the Year
RO CTPark Bucharest West, BUW 24 by CTP
CZ Urbanity Campus Tachov phase 2 (38,500 sqm) by Urbanity
SK ARETE Park Danajska Streda by ARETE
HU CTPark Biatorbágy – BIA10ABC by CTP

Best Commercial Property Investment Transaction of the Year
CZ Eagle shopping centre portfolio by Star Capital Finance (€285 mil)
SK Retail Park portfolio sold to Patria Investiční Společnost (KLM Real Estate/CBRE)
RO M Core – Mitiska 25 retail parks portfolio by Mitiska REIM (EUR 219 million)
PL Silesia City Center by NEPI Rockcastle

Best Commercial Property Lease Transaction of the Year
HU Lufthansa Systems Budapest HQ (6,600 sqm) leased by Newmark VLK Hungary
CZ Main Point Pankrác (Orlen Unipetrol renewal 6,338 sqm) by Mint Investments
RO Pragmatic Play (12,200 sqm) at AFI Tech Park 2
RO Primark (5,000 sqm ) at VIVO! Cluj-Napoca
RO LPP (24,000 sqm) at CTPark Bucharest West
SK Slovenske Elektrarne (JTRE/Colliers)
PL The Bridge 24,500 sqm HQ Santander Bank Polska by Ghelamco

Best Asset Management Company of the Year
SK 365.invest
CZ ARETE
HU CPI Property Group
PL Griffin Capital Partners

Best Performing Real Estate Property Fund of the Year
CZ MINT rezidenční fond
SK Wood & Company
PL INVESTIKA Real Estate Fund

Best Real Estate Property Fund Management of the Year
CZ Accolade
HU Biggeorge Fund Management
SK IAD Investment
Best Law Firm of the Year
CZ Dentons
SK Kinstellar
HU Schoenherr
PL Dentons
RO Biris Goran

Best Tax & Finance Advisor of the Year
CZ TPA
SK TPA
RO Biris Goran

Best Constructor of the Year
RO Bog’Art
PL Budimex
HU Strabag
CZ Metrostav

Best Sustainable Systems Provider of the Year
RO WIREN
PL Goldbeck Solar
HU MVM Group

Best Commercial Design FIT-OUT (Project) of the Year
RO Coca Cola HQ @ Globalworth Campus B / Floors 4 & 12 by WEMAT Global
PL Museum of Modern Art in Warsaw

Best Project Management Company of the Year
RO Optim Project Management
PL Kajima Poland

Best Property/Facility Management Company of the Year
RO Coral Construct
HU CBRE
RO Colliers
PL White Star Real Estate

Best Architectural Firm of the Year
RO Chapman Taylor
PL APA Wojciechowski Architects

Best Local Commercial Real Estate Agency of the Year
HU ESTON International
SK HOLLAND AND COMPANY
RO Fortim Trusted Advisors
PL AXI IMMO

Best Residential Real Estate Agency of the Year
RO North Bucharest Investments
SK HERRYS
CZ LEXXUS NORTON

Best International Real Estate Agency of the Year
RO Cushman & Wakefield Echinox
CZ CBRE
SK CBRE
HU CBRE

Leadership of the Year
CZ Radim Bajgar, Mint Investments
SK Andrej Mardiak and Lukáš Šarközi, Mayflower Group
RO Ema Iftimie, Globalworth
PL Renata Osiecka, AXI IMMO

Best Overall Developer of the Year
RO Speedwell
HU Biggeorge Property
SK JTRE
CZ Sekyra Group
PL Panattoni

HOF Awards is the climax of the CIJ Awards series 2024, pitting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. This year’s event features winning entries from the Czech Republic, Hungary, Poland, Romania, and Slovakia. In the event’s innovative and transparent voting system, a select group of real estate leaders from the region vote as a jury in combination with votes from selection CIJ readers from around the region.

The HOF Awards 2025 promises to be an unforgettable evening of excellence, networking, and industry recognition, honoring the “Best of the Best” in real estate! In order to attend HOF Awards 2025, please check our website for registration: https://hofawards.eu/

HOF Awards 2025 Confirmed Partners are: CPI Property Group, Revetas, Speedwell, Filip & Company, NEPI Rockcastle, NHOOD, Coral Construct, Carbon Tool, WIREN, Fortim Trusted Advisors, Safety Approach, ALUKÖNIGSTAHL, Optim Project Management, WEMAT, Bog’Art, Corporate Office Solutions, Reynaers Aluminium.

Check out the CEE FULL LIST OF NOMINEES for HOF Awards Gala 2025

CIJ EUROPE is pleased to announce the full list of CEE nominees for the 10th edition of HOF Awards Gala – Best of the Best Hall of Fame which will be held on 13th of May, at Radisson Blu Hotel, in Bucharest.

HOF Awards nominees are the winning projects and companies in each category at the CIJ Awards Gala 2024 which now advance to the Best of the Best CIJ HOF Awards 2025 where only the winning elite is presented from countries from around Europe.

Please find below the CEE best of the best real estate projects and companies in 2024:

Best Standard Residential Development of the Year
SK Čerešne Lake by ITB Development
CZ Lihovar Smíchov by Trigema
RO Vulcan Residence by NEPI Rockcastle
HU Waterfront City by Biggeorge Property
PL Osiedle Młynówka by Redkom Development

Best Premium Residential Development of the Year
SK EUROVEA II by JTRE
RO Nusco City by Nusco
CZ Pařížská 25 by Kaprain Real Estate
PL Neo Natolin (I-st Stage) by Real Management

Best Residential Buildup In Development
RO The Meadows by Speedwell
HU Marina City by CORDIA
CZ SO-HO Rezidence 2 by Cresco Real Estate
SK PARQ Zátišie by Atrios
PL Port Praski Doki by Port Praski

Best Office Development of the Year
CZ Roztyly Plaza by Passerinvest
HU Millennium Gardens phase 2 by Trigránit
RO AFI Loft by AFI Europe
PL VIBE A by Ghelamco
PL Grundmanna Office Park A, Katowice – Cavatina Holding

Best Office Buildup Development of the Year
CZ Česká spořitelna HQ Smichov City by Sekyra Group
RO Timpuri Noi Square, Phase 2 by Vastint Romania
PL Skyliner II by Karimpol

Best Legacy (Reconstruction) Development of the Year
HU Liget Center by WING
CZ Dunaj Palace by ZEITGEIST
RO Corner Office Building by Global Vision

Best Retail Development of the Year
RO Arges Mall by Prime Kapital
CZ Palac Savarin by CRESTYL
SK Spektrum Ružomberok by Mayflower Group
PL M Park Pionki by LCP Properties

Best Retail, Leisure & Hotel Upcoming Development of the Year
SK Point Liptovský Mikuláš by OPC Group
HU TRIBE Budapest Airport Hotel by WING

Best Warehouse Development of the Year
RO VGP Park Brasov, Inter Cars by VGP Romania
HU CTPark Szigetszentmiklós by SZG1 by CTP
SK Panattoni Park North (Lear Corporation) by Panattoni
CZ Urbanity Campus Tachov by Urbanity
PL Panattoni BTS TRILUX by Panattoni

Best Warehouse Buildup in Development of the Year
RO CTPark Bucharest West, BUW 24 by CTP
CZ Urbanity Campus Tachov phase 2 (38,500 sqm) by Urbanity
SK ARETE Park Danajska Streda by ARETE
HU CTPark Biatorbágy – BIA10ABC by CTP

Best Commercial Property Investment Transaction of the Year
CZ Eagle shopping centre portfolio by Star Capital Finance (€285 mil)
SK Retail Park portfolio sold to Patria Investiční Společnost (KLM Real Estate/CBRE)
RO M Core – Mitiska 25 retail parks portfolio by Mitiska REIM (EUR 219 million)
PL Silesia City Center by NEPI Rockcastle

Best Commercial Property Lease Transaction of the Year
HU Lufthansa Systems Budapest HQ (6,600 sqm) leased by Newmark VLK Hungary
CZ Main Point Pankrác (Orlen Unipetrol renewal 6,338 sqm) by Mint Investments
RO Pragmatic Play (12,200 sqm) at AFI Tech Park 2
RO Primark (5,000 sqm ) at VIVO! Cluj-Napoca
RO LPP (24,000 sqm) at CTPark Bucharest West
SK Slovenske Elektrarne (JTRE/Colliers)
PL The Bridge 24,500 sqm HQ Santander Bank Polska by Ghelamco

Best Asset Management Company of the Year
SK 365.invest
CZ ARETE
HU CPI Property Group
PL Griffin Capital Partners

Best Performing Real Estate Property Fund of the Year
CZ MINT rezidenční fond
SK Wood & Company
PL INVESTIKA Real Estate Fund

Best Real Estate Property Fund Management of the Year
CZ Accolade
HU Biggeorge Fund Management
SK IAD Investment
Best Law Firm of the Year
CZ Dentons
SK Kinstellar
HU Schoenherr
PL Dentons
RO Biris Goran

Best Tax & Finance Advisor of the Year
CZ TPA
SK TPA
RO Biris Goran

Best Constructor of the Year
RO Bog’Art
PL Budimex
HU Strabag
CZ Metrostav

Best Sustainable Systems Provider of the Year
RO WIREN
PL Goldbeck Solar
HU MVM Group

Best Commercial Design FIT-OUT (Project) of the Year
RO Coca Cola HQ @ Globalworth Campus B / Floors 4 & 12 by WEMAT Global
PL Museum of Modern Art in Warsaw

Best Project Management Company of the Year
RO Optim Project Management
PL Kajima Poland

Best Property/Facility Management Company of the Year
RO Coral Construct
HU CBRE
RO Colliers
PL White Star Real Estate

Best Architectural Firm of the Year
RO Chapman Taylor
PL APA Wojciechowski Architects

Best Local Commercial Real Estate Agency of the Year
HU ESTON International
SK HOLLAND AND COMPANY
RO Fortim Trusted Advisors
PL AXI IMMO

Best Residential Real Estate Agency of the Year
RO North Bucharest Investments
SK HERRYS
CZ LEXXUS NORTON

Best International Real Estate Agency of the Year
RO Cushman & Wakefield Echinox
CZ CBRE
SK CBRE
HU CBRE

Leadership of the Year
CZ Radim Bajgar, Mint Investments
SK Andrej Mardiak and Lukáš Šarközi, Mayflower Group
RO Ema Iftimie, Globalworth
PL Renata Osiecka, AXI IMMO

Best Overall Developer of the Year
RO Speedwell
HU Biggeorge Property
SK JTRE
CZ Sekyra Group
PL Panattoni

HOF Awards is the climax of the CIJ Awards series 2024, pitting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. This year’s event features winning entries from the Czech Republic, Hungary, Poland, Romania, and Slovakia. In the event’s innovative and transparent voting system, a select group of real estate leaders from the region vote as a jury in combination with votes from selection CIJ readers from around the region.

The HOF Awards 2025 promises to be an unforgettable evening of excellence, networking, and industry recognition, honoring the “Best of the Best” in real estate! In order to attend HOF Awards 2025, please check our website for registration: https://hofawards.eu/

HOF Awards 2025 Confirmed Partners are: CPI Property Group, Revetas, Speedwell, Filip & Company, NEPI Rockcastle, NHOOD, Coral Construct, Carbon Tool, WIREN, Fortim Trusted Advisors, Safety Approach, ALUKÖNIGSTAHL, Optim Project Management, WEMAT, Bog’Art, Corporate Office Solutions, Reynaers Aluminium.

Adinel Tudor, CEO, EVO Properties, speaker at CEDER 2025

Adinel Tudor will be part of the speakers formula this year at CEDER Real Estate Conference & Exhibition, to take part on 13th of May, at Radisson Blu Hotel, in Bucharest.

Adinel is a seasoned serial entrepreneur with over 20 years of experience in building, scaling, and successfully exiting multiple companies across various industries. As an active investor and strategic advisor, Adinel leverages deep business expertise to support high-growth ventures, helping them navigate challenges and unlock new opportunities. In addition to investing, Adinel serves as a board member in several companies, providing strategic guidance and leadership to drive long-term success. Currently, Adinel puts all this expertise to use at EVO Properties, shaping its vision and growth.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series, putting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed Partners so far: WDP, CPI Property Group, AFI Europe, Revetas, Speedwell, Hagag Development Europe, Paval Holding, NEPI Rockcastle, IULIUS Group, Filip & Company, EVO Properties, Anchor Grup, nHOOD, NNDKP, VASTINT, RRG Real Estate Group, Popovici, Nitu, Stoica & Asociatii, Crosspoint Real Estate, Stratulat Albulescu Attorney at Law, KUZIINI, Lion’s Head, Alesonor, Coral Construct, COS, Carbon Tool, Theta Furniture & More, The Concept Group, RENOMIA Gallagher, Optim Project Management, WEMAT, Tiriac Imobiliare, Cushman & Wakefield Echinox, Brisk Group, Safety Approach, Prima Development Group, ALUKÖNIGSTAHL, Imobiliare.ro, Notarial Office EQUITY, Miss Green.

Nusco signs EUR 64.4 mln financing agreement with Banca Transilvania for Nusco City

Nusco has concluded a EUR 64.4 mln financing agreement with Banca Transilvania for the development and completion of the second phase of Nusco City. The second phase of the Nusco City project includes seven buildings with a total of 828 apartments and 1,033 underground parking spaces (ranging from double studios to two, three, four-bedroom apartments and exclusive duplexes) and will cover an area of 23,662 square meters. The first three buildings – previously financed through OTP Bank Romania – are expected to be delivered this year, while the next four buildings – developed through BT financing – are scheduled for completion in the first half of 2026. The total investment in this second phase of the project exceeds EUR 130 million.

The first stage of the second phase, which is currently being implemented, comprises the first three buildings, featuring 340 units and 447 parking spaces. The last four buildings in the second phase of Nusco City will bring 488 new apartments and 586 parking spaces.

“The partnership with Banca Transilvania represents a strengthening of the strategic development scope of Nusco City. Our flagship projects have always benefited from the support of trusted partners, such as Banca Transilvania. We are pleased that our vision of urban regeneration is finally aligned with the real estate market in Romania, a moment that Nusco has been waiting for a long time,” states Michele Nusco – CEO – Nusco.

On an area of 23 hectares, on the site of the former Pipera platform, Nusco City will accommodate a total of over 4,000 apartments, parks, green spaces, and infrastructure – covering approximately 40% of the entire project area, along with educational units, a hospital, a hotel, dedicated commercial areas, and office spaces.

„We are pleased to be part of this landmark project in the local Bucharest market, which contributes to the sustainable development of the real estate sector. Nusco City is a partner with a stable long-term vision and a developer with a strong footprint in urban regeneration,” states Cosmin Călin, Director of Large Corporate, Banca Transilvania.

Grand Hotel du Boulevard reopens in Bucharest under Corinthia brand

The Grand Hotel du BouleHerdanone of Bucharest’s historic landmarks, has reopened following an extensive modernization process. The hotel is now affiliated with the Corinthia Hotels group, a luxury chain based in Malta. Renovation works, which began several years ago, were financed by a loan provided by CEC Bank to Niro Investment Group, the property’s owner.

Niro Investment Group highlighted that the restoration reflects its dedication to preserving the architectural heritage of Bucharest while contributing to the city’s reputation as an international luxury destination.

Designed by Alexandru Orăscu—the architect behind the University of Bucharest—the building was constructed beginning in 1867. It first opened as Hotel Herdan in 1873 and was renamed Grand Hotel du Boulevard in 1877.

Source: Profit.ro

Sagex develops residential project in northern Bucharest

The Chiriță family, owners of the Sagex construction company, is developing a residential project located in northern Bucharest, after the real estate development division completed 4 projects in Sector 3.

Sagex Construct focuses on the construction of industrial halls and retail parks. The company’s turnover reached almost 100 million euros in 2023, a year in which it recorded a profit of 10.5 million euros, a record for its activity. The construction company has Sandu and George Chiriță as shareholders. The two investors, together with Gianina and Lavinia-Grațiela Chiriță, are now working on the development of the Sagex Green Lake Residence residential complex, consisting of a block with a basement, ground floor, 4 floors and a secluded 5th floor, which consists of 77 apartments of 1, 2, 3 and 4 rooms.

The project opens onto Străulești Lake and is being built on Bucharest-Târgoviște road no. 9J, near the former “Doi Cocoși” restaurant.

Sagex’s activity diversified in 2022 by launching its own precast concrete element production division. The group also owns the OTO Street Mall retail park in Otopeni and the Time to Eat catering service provider.

Source: Profit.ro

Primark recruits staff for future stores in Cluj and Craiova

Primark is expanding its presence in Romania by opening two new stores, in Cluj and Craiova. The company is looking for employees to join its teams.

Primark will open its fourth store in Romania, in the VIVO! shopping center, Cluj-Napoca. The store will be the first Primark location in the northwestern region of the country and is scheduled to open this year.

The fifth store in Romania will open in Craiova. Last year, the retailer announced that the estimated opening date is 2026.

Considering the size of the stores (almost 4,000 square meters), a Primark store needs about 150-200 employees.

“It is difficult to estimate a specific number of employees in the long term, as this depends on several factors, such as the location of the store, its schedule, its size, traffic and the city in which we operate. For example, in Timisoara, we have a team of approximately 150 people working in the store. We offer our employees a competitive salary, as well as a flexible work schedule, including full-time, part-time, evening and weekend jobs, adapted to different lifestyles, which allow maintaining a balance between professional and private life,” the company said.

Lidl opens new store in Romania

Lidl continues its local investments by opening a new store in the municipality of Constanța. The new Lidl store is located on Aurel Vlaicu Boulevard, No. 158, has a sales area of over 1,400 square meters and has 114 parking spaces. With the inauguration of this store, 27 new jobs were created.

By using advanced construction technologies and in accordance with environmental protection regulations, the new Lidl store in Constanța has modern solutions and technologies, which ensure high standards of energy efficiency. These include the LED lighting system, with presence sensor and heat recovery systems integrated into the air conditioning installations.

Jan Demeyere, Architect and Co-founder of SPEEDWELL, speaker at CEDER 2025

Jan Demeyere will be part of the speakers formula this year at CEDER Real Estate Conference & Exhibition, to take part on 13th of May, at Radisson Blu Hotel, in Bucharest.

Jan Demeyere, Architect and Co-founder of SPEEDWELL, graduated with honors in 1991 from Sint-Lucas Ghent University in Belgium, specializing in urban planning.

He brings over 20 years of experience in the international construction and real estate market, with more than 15 years spent in Romania.

In 2014, Jan Demeyere partnered with Didier Balcaen to establish SPEEDWELL Real Estate Development, a company dedicated to creating projects that enhance the quality of life in communities.

To achieve this goal, Jan is actively involved in every stage of the process, working closely with the in-house architectural team to ensure each building is unique, aesthetically pleasing, sustainable, and designed with the community’s needs in mind. His approach combines architectural creativity with a developer’s practical mindset, reflected in all his successfully delivered projects.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series, putting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed Partners are: WDP – Warehouses with brains, CPI Property Group | Romania, AFI Europe Romania, IULIUS, Revetas Capital, SPEEDWELL Development, Hagag Development Europe, Alesonor Real Estate Development, Stratulat Albulescu Attorneys At Law, Paval Holding, NEPI Rockcastle, Filip & Company, EVO Properties, Anchor Grup SA, NNDKP, KUZIINI, Nhood Services Romania, Vastint Romania, RRG – Real Estate Group, Popovici Nitu Stoica & Asociatii Crosspoint Real Estate, Lion’s Head, Coral Companies, COS, Carbon Tool, THETA Furniture & More, THE CONCEPT, RENOMIA Romania Gallagher, Optim Project Management, WeMat, Țiriac Imobiliare, Safety Approach, Alukönigstahl Romania, Imobiliare.ro , Cushman & Wakefield Echinox , Brisk Group, PRIMA Development Group, Notarial Office EQUITY, Miss Green.

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