In order to realize the transaction, an evaluation report was drawn which has established that the market value of the land with an area of 4,210 sqm in Calea Victoriei is EUR 8.1 million, and the value of the 2 floors and attic construction with its land in Lipscani St. is EUR 13.9 million.

According the evaluation report, the difference between the two assets represents the value of the amount that need to be paid when the property exchange will be done. The building in Lipscani St., where the Bucharest Pinacoteca will be established was built between 1910 and 1913. (source: