PeliPartners assists Immofinanz on myhive Victoriei sale
Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
Known as the first modern office building in Bucharest, myhive Victoriei was acquired by Immofinanz AG in 2021, with PeliPartners also acting as legal advisor for the buyer.
The transaction allows WDP's Romanian footprint to grow to around 2 million sqm in gross leasable area.
The loan proceeds are intended to fund the development costs associated with finalizing the retail park.
Nearly three-quarters (73%) of European bank customers have kept their primary account with the same financial institution for over five years.
The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.
With a catalog of more than seventy venues, the Paris Society group, part of the Ennismore Group, is a key player in the French hospitality sector.
The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.