SIF Muntenia to buy office building from the founders of Urgent Curier

The company Bucur SA, controlled by Longshield Investment Group (formerly SIF Muntenia), is in talks with the spouses Corina and Sebastian Bălășescu, the founders of Urgent Curier, for the acquisition of the CSDA Siriului office building, in northern Bucharest, at a price of EUR 7.4 million.

The office building, called the Business Support and Development Center (CSDA) Siriului, is structured on a basement, ground floor, 5 floors, plus a secluded 6th floor, has a developed area of about 5,000 square meters and a rentable area of about 3,600 square meters. The building was built by the real estate developer Primavera Development.

Bucur SA shareholders are to approve the acquisition, on the occasion of which they also want to change their object of activity to renting and subletting their own or rented real estate.

Source: Profit.ro