“The acquisition of the plot on Gheorghe Manu Street comes after the acquisition of another plot in January, when we assisted Bog’Art Residential with the buying of a 749 square meter plot on Jean Louis Calderon (near Intercontinental Hotel i.e.),” the officials of law firm Stratulat Albulescu, who assisted the buyer in the deal, say.
The plot on Gheorghe Manu has a zoning plan for a mixed-use project, so it will be possible to build an office space building with retail space on the ground floor and a two-story apartment building.
Construction on this plot is due to begin in the next few months and be completed in 2021, ZF has found.
Bog’Art’s owner is Romanian Raul Doicescu.
(English version by Loredana Fratila-Cristescu)