The closing takes place after the delivery (construction/renovation) of the project and after tenants have already occupied the building. DACIA ONE is 100% pre-let.
The tenants ING Tech, Nörr and ESS have chosen DACIA ONE even before the building permit was obtained, based on the qualities of the building, its prestigious location as well as its technical specifications. The project, located in the historic centre of Bucharest, includes two buildings: a built heritage (1,500 m²) and a new building (13,500 m²).
DACIA ONE offers premium office spaces that meet the highest energy performance standards and aims for BREEAM “Excellent” and WELL GOLD certifications, like all the projects currently developed by ATENOR in Romania.
This sale confirms ATENOR's ability to deliver large-scale projects of the highest quality that meet the demand of local investors as well as international tenants.
This sale has a positive net impact on cash of around € 50M and makes a positive contribution to the second half of 2021.
Taking into account, on the one hand, this sale and on the other hand additional prices on the sale of buildings in Budapest and Luxembourg following new office leases recently concluded, ATENOR confirms its 2021 net income forecasts increase by more than 50 % compared to 2020. ATENOR is thus making full advantage of its international urban real estate development strategy in Europe, in spite of a difficult context.