The deal was signed in early October.
Deloitte Romania offered assistance to Alfa Group in the financial due diligence stage, via a team made up of Radu Dumitrescu, Coordinating Partner, Vlad Balan, Director, Sorin Rugina, Manager, Sorin Vinatoru, Senior Associate, Robert Doroftei, Senior Associate, and Andreea Dobrota, Associate, from the Financial Advisory department.
IRIDE is the first and one of the largest business parks in Bucharest, located in Pipera.
Alfa Group was established by businessman Alin Niculae, who controls the biggest Romanian-held oil wholesale company Oscar Downstream, with a turnover of EUR1.4 billion. His real estate portfolio in Bucharest includes office buildings Oscar One, Maria Rosetti Tower, Eminescu Offices, Mendeleev Office 5, as well as landmark real estate projects such as Cloud9, 19th Residence, 20th Residence and 21 Residence – Phases 1 & 2.
(English version by Catalina Apostoiu)