Immoeast buys Bucharest office complex

Austrian property company Immoeast has acquired the Victoria park office complex in Bucharest for EUR 60 mln. The centre, which was developed by Liebrecht & Wood of Belgium, is located north of Bucharest and provides 20,000 m[sup]2[/sup] of office space. Immoeast has invested a total of EUR 355 mln in Romania since 2004, Romanian financial newspaper Ziarul Financiar reported.

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