Both buildings are situated near Victoriei Square in Bucharest, first on Titulescu Blvd. and the second on Buzesti St., and are owned by the banking group Volksbank.
The buildings Premium Plaza and Premium Point have 8,600 sq. m and respectively 6,000 sq. m rentable area and value, according to the exerts, EUR 25 million and respectively EUR 15-20 million. The first was delivered in 2008 and the second in 2009. Their sale by Volksbank comes in the context of the Austrian group exit from Romania, following the sale of the Volksbank to Banca Transilvania.
GTC was interested by the Premium Point building since last year, being in due diligence process for it, while the Austria’s Immofinanz were interested in Premium Plaza, but none of these transactions didn’t take place.
The main shareholder of GTC is Lone Star, an investments vehicle founded 20 years ago by the American John Grayken and which has collected over time 13 funds with a total value of 52 billion dollars. (source: zf.ro)