Immofinanz in talks to take over Bancorex office building in Bucharest

Austrian real estate investment fund Immofinanz is negotiating with Romanian lender BCR, part of the Austrian Erste Bank group, the acquisition of the Bucharest Financial Plaza office building, known as the "Bancorex" building in the center of Bucharest.Investment fund Revetas Capital is also among the bidders, and BCR still accepts offers.   A deal could be announced in the first half of 2021 at an ...

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