Also, GLL Real Estate Partners holds talks on taking over office building Victoria Center nearby Victoria square, owned by real estate investment company Bluehouse Capital, the sources also said.
GLL did not comment on the information.
According to Robert Neal with Portland Trust, “Floreasca Park is 100% leased and it already has an year since being built, this being the right moment to transfer the building to an investor that needs a powerful and stable revenue flow.“
Floreasca Park office project was completed end-2013, in a EUR70 million investment and covers 37,500 square meters. Its biggest tenants are Oracle, Allianz, Kellogg’s, BASF or Kalon.
GLL Real Estate Partners is a real estate fund 81% owned by the management, while 19% belong to Italian insurer Generali. GLL manages over EUR5 billion funds.
(English version by Manuela Panescu)