DELOITTE, S&T, TUCA & ZBARCEA ASOCIATII, SCHLUMBERGER, ERICSSON, JAPAN EMBASSY, CISCO, MASTERCARD, MC DONALD'S, ACTAVIS
America House, one the largest multifunctional business centers in Bucharest lies in the center of the most prestigious business district of Bucharest around Victoria Square. The building extends on 45,000 sq m and it provides 27,000 sq m total rentable area on 9 levels, three levels of underground parking with over 390 parking spaces and ample retail and leisure options, spreading across the ground floor and first floor.
The typical floor plan offers approximately 3,000 sq m of office space, with 8 m clear span between the core wall and the perimeter columns.
America House ensures a varied retail mix, offering a wide range of products and services from international and local brands such as: World Class, Starbucks, Mc Donald's, Credit Europe Bank, BCR, Samsonite and many more.
Victoriei Square is the business nucleum of Bucharest, and home for some of the most prestigious multinational companies. The area concentrates office projects totalling over 210,000 sq m, alongside public institutions, shops and restaurants.
America House is the heart of the central business district, as it is one of the most preeminent buildings in Victoriei Square. It is easily accesible from Otopeni International Airport - only 15 minutes away by car - as well as from all directions of the capital city, through ample boulevards. The location is well served by public transportation, Victoriei Square being known as the major public transport hub (metro, bus lines, tram) of Bucharest.
The refurbishment was focused on both technical and aesthetic aspects of the building. This was followed by the upgrades of the exterior ground floor area including the extension of the terrace’s premises, adding green areas, dramatic lighting for the green spaces, extending the sidewalk for the benefit of the pedestrians, changing the flooring, and unifying the retail signage.
Morgan Stanley’s real estate investment division, in partnership with a group of Israeli investors, has purchased the America House office building from French investment fund AEW, according to a statement from Clifford Chance Badea law firm, which assisted AEW.
The transaction between AEW Europe and Morgan Stanley for America House, a 27,500-square-metres office building in Victoria Square in Bucharest, could be signed this summer after negotiations lasting at least two years.
Real estate institutional investor AEW Europe, owned by Natixis and La Banque Postale, put on sale the office building America House in central Bucharest district, after almost ten years from its acquisition with a record yield, according to sources in the real estate market.
Natixis and La Banque Postale are negotiating the conditions of a merger of their real estate investment managers AEW Europe and Ciloger. AEW Europe owns in Romania the office building America House in Bucharest and the retail park Promenada in Târgu Mureş.
AEW Europe, the asset manager of America House business centre, announces that one existing tenant extended the leased surface with 1,227 sq m, occupying the last remaining vacant office space in the building. Jones Lang LaSalle was involved directly or as third party in all the 4 office leasing transactions concluded this year, of a total area of 4,013 sqm, that led to 100 % occupancy.
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