Explore new premium office opportunities in Bucharest

 

The Bucharest commercial real estate market is set to welcome a significant new offering with Star Residence Invest’s planned acquisition of a modern office building on Polonă Street.

 

This €19 million transaction by Romania's first REIT underscores the growing demand for top-tier office spaces in the capital, promising an anticipated yield of 11%.

 

 

 

A closer look at your next business address

 

Designed to meet the demands of contemporary businesses, this impressive office building boasts a total constructed area of 13,755 sqm, with a highly efficient rentable area of 9,500 sqm. Situated on a generous plot of 2,687 sqm, the structure is thoughtfully laid out, featuring two basement levels, a ground floor, and five upper floors, all with a footprint of 1,218 sqm.

 

Essential for any thriving business, the property offers extensive parking solutions, including 136 secure underground spaces and an additional 60 leased parking spots on an adjacent plot, ensuring convenient access for employees and clients alike.

 

Strategic location for business growth

 

Polonă Street is renowned for its strategic position within Bucharest, offering excellent connectivity and proximity to key business districts, amenities, and public transport links.

 

Establishing your operations here means placing your business at the heart of the city’s commercial activity, enhancing visibility and accessibility for your team and clients.

 

About Star Residence Invest: your trusted real estate partner

 

As the first Real Estate Investment Trust listed on the Bucharest Stock Exchange, Star Residence Invest is a reputable entity with a diverse portfolio.

 

Beyond this landmark office acquisition, the company’s holdings include a prime land plot in Bucharest’s Sector 1, a retail space in the heart of Cluj-Napoca, and various apartments and parking spaces also in Bucharest.

 

This diverse portfolio, backed by major shareholders including Momentum Capital (35.7%), demonstrates Star Residence Invest’s commitment to growing its high-value real estate assets.

 

Secure your future: financial stability and growth

 

Star Residence Invest plans to finance its acquisitions through robust strategies, including capital increases and securing bank loans or other financing forms.

 

With a market capitalization of 13,397,382 lei, the company’s strong financial standing provides assurance for businesses considering its properties for their operational needs.

 

Source: economedia.ro