Both buildings are located near Piata Victoriei in downtown Bucharest, the former on the Titulescu Boulevard and the latter on the Buzesti Street and their owner is the Volksbank group.
Premium Plaza and Premium Point have 8,600 square meters and 6,000 square meters lettable areas and are worth EUR25 million and EUR15 million to EUR20 million, experts say. The former was delivered in 2008 and the latter in 2009. Volksbank is selling them as part of the liquidation of its operations in Romania, after Banca Transilvania bought its local banking business.
GTC had shown interest in buying Premium Point as early as last year, and was conducting the due diligence for it, while Austria’s Immofinanz was interested in Premium Plaza. None of the deals materialized, though.
GTC’s main shareholder is Lone Star, a private equity firm established by US billionaire John Grayken two decades ago, which has since raised $52 billion via 13 funds.
(English version by Loredana Fratila-Cristescu)