The property was sold by a fund administered by GLL Real Estate Partners GMBH, a member of Macquarie Group.

Floreasca Park is Resolution’s first investment in Romania and the fifth in Bucharest for Zeus.

The main tenant in the office compound is Oracle. Other tenants include Kellogg’s, BASF, Saint-Gobain, Ursus Breweries and ENI.

The buyers were advised by Kinstellar, Knight Frank, Ernst & Young and Sentient, and the acquisition was funded by Erste Bank.

GLL Real Estate Partners GMBH was advised by PeliPartners, Cushman & Wakefield Echinox and Portland Trust as property manager.