„Now is the moment to expand and we go where is a synergy.  We cannot go to Maramureş and make agriculture, but we can expand in real estate. We intend to buy an office building in Bucharest and we have available funds of EUR 3-6 million. We are interested in a building with leases signed on long term“, said Hezi Shayb, CEO New Kopel.

With nearly EUR 3-6 million on the Bucharest market one could buy a building on 1,500-3,000 sq. m rentable area in a secondary zone. For instance, one of the most recent transactions below EUR 6 million is the one involving the office building Budişteanu Office, with nearly 4,000 sq. m rentable area, bought by NIS Imob with EUR 5 million.  The building is situated in the centre of Bucharest behind Radisson Blu hotel. (source: zf.ro)