AFI Europe begins modernization of Bancorex building

Real estate developer AFI Europe begins modernization works on the Bancorex building. In the summer, AFI Europe purchased the Bucharest Financial Plaza office complex, known as the “Bancorex block”, in the center of Bucharest, from the Austrian investor Immofinanz.

Thus, until the end of the year, Bucharest residents will experience new traffic restrictions in the center of the capital, in the Calea Victoriei area. Traffic will be closed on certain streets. Traffic will be completely restricted on Str. Mihai Vodă, between Calea Victoriei and Str. Domnița Anastasia, access to Calea Victoriei from Splaiul Independenței will be implicitly restricted.

The Bucharest Financial Plaza building is 26 years old and has a rentable area of 26,300 square meters. Immofinanz paid approximately EUR 36 million euros for it.

Source: Profit.ro